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Required: Gleason Guitars produces acoustic guitars. The table below contains budget and actual information...

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Accounting

Required:
Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).
\table[[Direct Material,\table[[Actual Costs],[265 units]],\table[[Spending],[Variance]],\table[[Flexible],[Budget],[265 units]],\table[[Volume],[Variance]],\table[[Master Budget],[200 units]]],[$,15,900,,p,$,14,400],[Direct Labor,,26,600,,,?,,22,400],[Variable Overhead,,8,650,,,,,8,400],[Fixed Overhead,,11,900,,i,,,11,200],[Total Manufacturing Costs,$,63,050,,,,$,56,400]]
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