Question: Please help to solve question 2 (Ch. 9). Boyne University offers an extensive continuing education program in many cities throughout the state. For the convenience

Please help to solve question 2 (Ch. 9).
Please help to solve question 2 (Ch. 9). Boyne University offers an
extensive continuing education program in many cities throughout the state. For the

Boyne University offers an extensive continuing education program in many cities throughout the state. For the convenience of its faculty and administrative staff and to save costs, the university operates a motor pool The motor pool's monthly planning budget is based on operating 20 vehicles, however, for the month of March the university purchased one additional vehicle. The motor pool turnishes gasoline, olf, and other supplies for its automobiles A mechanic does routine maintenance and minor repairs. Major repairs are performed at a nearby commercial garage The following cost control report shows actual operating costs for March of the current year compared to the planning budget for March (Over) Under Budget Boyne University Motor Pool Cost Control Report For the Month Ended March 31 March Planning Actual Budget Males 63,800 50,000 Autos 21 20 Gasoline $ 9,350 $ 7,500 011, minor repairs, parts 2,360 2,000 Outside repairs 1,420 1,500 Insurance 2,120 Salaries and benefits 7,540 7.540 Vehicle depreciation 5,250 5,000 Total $ 28,010 $25,540 $ (1,850) (360) 30 (120) 0 2.000 5 (7,500) The planning budget was based on the following assumptions: 6. $0.15 per rule for gasoline D5004 per mile for oil, minor repairs and parts C$75 per automobile per month for outside repairs d $100 per automobile per month for insurance 57,540 per month for salaries and benefits 1 $250 per automobile per month for depreciation The supervisor of the motor pool is unhappy with the report, claiming It paints an unfair picture of the motor poor's performance The planning budget was based on the following assumptions a $0,15 per mile for gasoline b. $0.04 per mile for oil, minor repairs, and parts. c. $75 per automobile per month for outside repairs. a $100 per automobile per month for insurance e $7,540 per month for salaries and benefits { $250 per automobile per month for depreciation The supervisor of the motor pool is unhappy with the report, claiming it paints an unfair picture of the motor pool's performance Required: 1 Calculate the spending variances for March (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (.e., zero variance), Input all amounts as positive values.) Bayne University Motor Pool Spending Variances For the Month Ended March 31 Caschine OL minor repairs, parts Outside repas Insurance Sales and benefits Vehicle depreciation Total

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