E$9-3($Algo$)$ Preparing a Flexible Budget Performance Report $[$LO $9-2]$

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$).$

$\backslash$table$[[$Direct Material,$\backslash$table$[[$Actual Costs$],[525$ units$]],\backslash$table$[[$Spending$],[$Variance$]],\backslash$table$[[$Flexible$],[$Budget$],[525$ units$]],\backslash$table$[[$Volume$],[$Variance$]],\backslash$table$[[$Master Budget$],[200$ units$]]],[$$$,18,500,,,$$$,17,000],[$Direct Labor,,$29,200,,,,,25,000],[$Variable Overhead,,$11,250,,,,,11,000],[$Fixed Overhead,,$14,500,,,,,12,500],[$Total Manufacturing Costs,$$,73,450,,,,$$$,65,500]]$