Four-variance analysis, fill in the blanks. Use the given manufacturing overhead data to fill in the blanks.

Variable Fixed Actual costs incurred $14,280 $7,200 Allocated to products 10,800 5,400 Flexible budget: Budgeted input allowed for actual output achieved X budgeted rate 10,800 6,000 Actual input X budgeted rate 12,000 6,000 Use F for favourable and U for unfavourable:

Variable Fixed 1. Spending variance $ $

2. Efficiency variance _ _ 3. Production-volume variance _ _ 4. Flexible-budget variance _ _ 5. Underallocated (overallocated) manuf. overhead _ _