1 E9-3 (Algo) Preparing a Flexible Budget Performance Report [LO 9-2] 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).) 6.6 points Actual Costs 445 units Spending Variance Flexible Budget 445 units Volume Variance Master Budget 200 units Direct Material $ 17,700 $ 16,200 eBook Direct Labor 28,400 24,200 Hint Variable Overhead 10,450 10,200 Print Fixed Overhead 13,700 12,100 References Total Manufacturing Costs $ 70,250 $ 62,700