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

$10$

points

points

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$.$ variance$).$

$\backslash$table$[[$Direct Material,$\backslash$table$[[$Actual Costs$],[285$ units$]],\backslash$table$[[$Spending$],[$Variance$]],\backslash$table$[[$Flexible$],[$Budget$],[285$ units$]],\backslash$table$[[$Volume$],[$Variance$]],\backslash$table$[[$Master Budget$],[200$ units$]]],[$$$,16,100,,,$$$,14,600],[$Direct Labor,,$26,800,,,,,22,600],[$Variable Overhead,,$8,850,,,,,8,600],[$Fixed Overhead,,$12,100,,,,,11,300],[$Total Manufacturing Costs,$$,63,850,,,,$$$,57,100]]$