Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)
Actual costs 245 units spending variance flexible budget 245 units volume variance Master budget 200 units
direct material 15,700 14,200
direct labor 26400 22,200
variable overhead 8450 8,200
fixed overhead 11,700 11,100
total manufacturing overhead 62250 55,700
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