1.ABC co. has the following standard transportation costs. 1-10,000 units 1,00,000. 10,001 to 20,000 units  2,00,000. During the month of February 2019, they budgeted to transport 14,000 units. However, due to market downturn, they could transport only 9,800 units at an actual cost of  1,25,000. They had also budgeted a fixed overhead cost of  3,00,000 for the period and incurred a cost of  2,85,000. Calculate the flexible budget variance and static budget variance. Mention whether it is favorable or unfavorable for the transportation costs as well as for the overhead costs. 

Flexible budget variance for transportation costs= ------------------------ (FAV/ UNFAV)

Static budget or planning variance for transportation costs= = ---------------- (FAV/ UNFAVORUABLE)

Flexible budget variance for overhead costs = ------------ (FAV/ UNFAVOURABLE

Name of the flexible budget variance for overhead costs in this problem = ------------------

Static budget variance for overhead costs = --------------- (FAV/UNFAVOURABLE)

What is the name of the variance for the fixed overhead variance?