1 [The following information applies to the questions displayed below.] The following data are the actual results for Marvelous Marshmallow Company for October. oints Actual output Actual variable overhead Skipped Actual fixed overhead Actual machine time ellook References 12,000 cases $ 401,000 $160,000 41,200 machine hours Standard cost and budget information for Marvelous Marshmallow Company follows: Standard variable-overhead rate Standard quantity of machine hours Budgeted fixed overhead Budgeted output Required: $9.00 per machine hour 3 hours per case of marshmallows $ 153,000 per month 17,000 cases per month Use any of the methods explained in the chapter to compute the following variances. Note: Indicate the effect of the first three variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (ie., zero variance). Select "Positive" or "Negative" for the Fixed-overhead Volume variance. a. Variable-overhead spending variance b. Variable-overhead efficiency variance c. Fixed-overhead budget variance d. Fixed-overhead volume variance Help Save & Cha