Montoursville Control Company, which manufactures electrical switches, uses a standard costing system. The standard manufacturing overhead costs per switch are based on direct-labor hours and are as follows:

Variable overhead (5 hours @ $8.00 per hour) ......... $ 40

Fixed overhead (5 hours @ $12.00 per hour).......... 60

Total overhead ...................... $ 100

Based on capacity of 300,000 direct-labor hours per month.

The following information is available for the month of October.

• Variable overhead costs were $2,340,000.

• Fixed overhead costs were $3,750,000.

• 56,000 switches were produced, although 60,000 switches were scheduled to be produced.

• 275,000 direct-labor hours were worked at a total cost of $2,550,000.

Required:

Compute the variable-overhead spending and efficiency variances and the fixed-overhead budget and volume variances for October. Indicate whether a variance is favorable or unfavorable where appropriate.