E9-3 (Static) 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 Spending 225 units Variance Flexible Budget 225 units Volume Variance Master Budget 200 units Direct Material $ 15,500 $ 14,000 Direct Labor 26,200 22,000 Variable Overhead 8,250 8,000 Fixed Overhead 11,500 11,000 Total Manufacturing Costs $ 61,450 $ 55,000