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).) Actual Costs 625 units Spending Variance Flexible Budget 625 units Volume Variance Master Budget 200 units Direct Material $ 19,500 $ 18,000 Direct Labor 30,200 26,000 Variable Overhead 12,250 12.000 Fixed Overhead 15,500 13,000 Total Manufacturing Costs $ 77,450 $ 69,000