8-22 Fred manufacturing overhead, variance analysis (continuation of 8-21). Esquire Clothing allomed manufacturing overhead to each suit using budgeted direct manufacturing labor-hours per suit. Data pertaining to fixed manufacturing overhead costs for June 2017 are budgeted, \$62,400, and actual, $63,916. 1. Compute the spending variance for fixed manufacturing overhead. Comment on the results. 2. Compute the production-volume variance for June 2017. What inferences can Esquire Clothing draw from this variance