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Theory Enterprises uses a standard cost system and prepared the following budget for May when 24,000 machine hours of activity were anticipated: variable overhead, $55,200, fixed overhead: $288,000. Actual data for May were: Standard machine hours allowed for output attained: 25,000 Actual machine hours worked: 24,000 Variable overhead incurred: $57,500 Fixed overhead incurred: $300,000 The variable-overhead spending and efficiency variances for Theory are: (Do not round intermediate calculations and round your final answer to nearest whole dollar amount.) A. B. Variable-Overhead Spending Variance $ 0 $2,300 unfavorable $2,300 favorable $2,300 unfavorable Variable-Overhead Efficiency Variance $ 0 $2,300 unfavorable $ $2,300 unfavorable $2,300 favorable C. D. E. Bannister Motors Corporation reported the following variances for the period just ended: Variable-overhead spending variance: $74,000U Variable-overhead efficiency variance: $52,000U Fixed-overhead budget variance: $94,000U Fixed-overhead volume variance: $54,000U If Bannister desires to analyze variances that arose primarily from managers' expenditures in excess of anticipated amounts, the company should focus on variances that total