A) Calculate Variable overhead spending variance (Favorable or Unfavorable)

B) Calculate Variable overhead efficiency variance (Favorable or Unfavorable)

C) Calculate Fixed overhead spending variance (Favorable or Unfavorable)

D) Fixed Overhead Volume Variance (Favorable or Unfavorable)

Thank You !

Indigo Company applies overhead based on direct labour hours. Two direct labour hours are required for each unit of product. Planned production for the period was set at 8,600 units. Manufacturing overhead is budgeted at $120,400 for the period (20\% of this cost is fixed). The 16,470 hours worked during the period resulted in the production of 8,100 units. The variable manufacturing overhead cost incurred was $98,100 and the fixed manufacturing overhead cost was $28,600