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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],[485 units]],\table[[Spending],[Variance]],\table[[Flexible],[Budget],[485 units]],\table[[Volume],[Variance]],\table[[Master Budget],[200 units]]],[$,18,100,,m...,,$,16,600],[Direct Labor,,28,800,,,,x,,24,600],[Variable Overhead,,10,850,,,,,,10,600],[Fixed Overhead,,14,100,,,,,,12,300],[Total Manufacturing Costs,$,71,850,,,,,$,64,100]]
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