14. Spence Corporation, which makes skylights, has provided the following data for December: Bundgeted production3,200 skylights Actual production...mua Standard machine-hours per skylight. Actual machine-hours mm15,740 machine-hours 3,400 kylights 4.6 machine-hours Budgeted variable overhead cost per machine-hour Indirect labor..m Powerm $8.50 per machine-hour $1.20 per machine-hour Aetnsl tolal variable overhead eosts:s. o $132,805 Indirect labor Power $17,656 Compute the rate variances and the efficiency variances for indirect labor and power and indicate whether they are favorable or unfavorable. 15. Data for December concerning Dinnocenzo Corporation's two major business segments-Fibers and Feedstocks-appear below Sales revenues, Fibers$870,000 Sales revenues, Feedstocks $820,000 ariable expenses, Fibers$426,000 Variable expenses, Feedstocks $344,000 Traceable fixed expenses, Fibers ..$148,000 Common fixed expenses totaled $314,000 and were allocated as follows: $129,000 to the Fibers business segment and $185,000 to the Feedstocks business segment. Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts