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Problem 16-75 (Algo) Comprehensive Variance Problem (LO 16-5, 6) Robinwood Fixtures manufoctures two products, K4 and X7 The company prepares its master budget on the basis of standard costs. The following data are for September Required: a. Prepare a variance analysis for eoch vorioble cost for each product b. Prepare a fixed overhead vanance analysis for eoch product Note: For all requirements, Do not round intermediate colculations. Indicate the effect of each variance by selecting "F* for fovorable, or "U" for unfovoreble. If there is no effect, do not select either option. Required: a. Prepare o variance analysis for eoch variable cost for each product b. Prepare a fixed overhead variance analysis for each product. Note: For all requirements, Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for fovorable, or " U " for unfavorable. If there is no effect, do not select either option