Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June:
Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero
variance).
Flexible
Actual Costs
365 units
Spending
Variance
Budget
Volume
Variante
Master Budget
200 units
365 units
Direct Material
$
16,900
$
15,400
Direct Labor
27,600
23,400
Variable Overhead
9,650
9,400
Fixed Overhead
12,900
11,700
Total Manufacturing Costs
$
67,050
$
59,900