could use some help understanding the process. thank you

You have just been hired by FAB Corporation the manufacturer of a revolutionary new garage door opening device. The president has asked that you review the company's costing system and do what you can to help us get better control of our manufacturing overhead costs." You find that the company has never used a flexible budget, and you suggest that preparing such a budget would be an excellent first step in overhead planning and control After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March Actual Cost Cost Formula in March Utilities $16,309.50.19 per machine hour $21,710 Maintenance $33,600 - $1.00 per nachine-hour $ 66,600 Supplies $0.70 per machine-hour $ 13,100 Indirect labor $35,000 + 51.70 per machine-hour $ 128,200 Depreciation $68,000 $69.700 During March the company worked 17,000 machine hours and produced 11,000 units. The company had originally planned to work 19,000 machine hours during March Required: 1 Calculate the activity variances for March 2. Calculate the spending variances for March Required 1 Required 2 Calculate the activity variances for March. (Indicat unfavorable, and "None' for no effect (i.e., zero va FAB Corporation Activity Variances For the Month Ended March 31 Utilities F Maintenance F Supplies F LL Indirect labor F Depreciation None Total F Required 1 Required 2 Calculate the spending variances for March. (Indicate unfavorable, and "None" for no effect (i.e., zero varia FAB Corporation Spending Variances For the Month Ended March 31 U Utilities Maintenance U Supplies Indirect labor U U Depreciation Total U