Requirement 2 is asking for spending variances with same table to be completed.

After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March Actual Cost in March $ 21,220 $ 65,600 $ 9,400 $134,300 $ 70,200 Cost Formula Utilities Maintenance Supplies Indirect labor Depreciation $16,300 plus $0.13 per machine-hour $38,200 plus $1.40 per machine-hour $0.40 per machine-hour $95,000 plus $1.60 per machine-hour $68,500 During March, the company worked 22,000 machine-hours and produced 16,000 units. The company had originally planned to work 24,000 machine-hours during March Required 1. Calculate the activity variances for March 2. Calculate the spending variances for March Complete this question by entering your answers in the tabs below Required 1 Required 2 Calculate the activity variances for March. (Indicate the effect of each variance by selecting "Fi" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) FAB Corporation Activity Variances For the Month Ended March 31 Utilities Maintenance Supplies Indirect labor Depreciation Total