X Company has the following cost drivers:
Direct labor $15.80q..........................actual=$134,730
Indirect labor $8,200+1.60q................actual=$19,860
Utilities $6,400+.80q..................actual=$14,570
Supplies $1,100+.40q..................actual=$4,980
Equipment Depreciation $23,000+3.70q..............actual=54,080
Factory Rent $8,400............................actual=$8,700
Property Taxes $2,100............................actual=$2,100
Factory Administration $11,700+1.90q..............actual=$26,470
Assume the Company's budgeted activity level was 8,000 units ("q") and they expect to sell units at $40 per unit. Their actual activity level was 8,400 units and they ended up selling these units for $38 per unit. Please complete the following flexible budget and identify all Activity and Revenue/Spending Variances. Also, indicate which variance is favorable (F) and unfavorable (U).