Astro company produces dry fertilizer. At the beginning of the year, Astro had the following standard cost sheet:

Direct materials (5 pounds at $2.60/lb) $13.00

Direct labor (0.75 hr @ $18.00/hr) 13.50

Fixed overhead (0.75 hr @ $4.00/DLH) 3.00

Variable overhead (0.75 hr @ $3.00/DLH) 2.25

Standard cost per unit $31.75

Astro computes its overhead rates using practical volume, which is 54,000 units. The actual results for the year are as follows:

a. Units produced: 53,000

b. Direct materials purchased: 274,000 pounds at $2.50 per pound.

c. Direct materials used: 270,300 pounds.

d. Direct labor: 40,100 hours at $17.95 per hour.

e. Fixed overhead: $161,700.

f. Variable overhead: $122,000.

Compute the following variances. Use dollar signs and commas, round to full dollars (no decimals) and use U or F. (For example, $1,062 F)

VARIABLE Overhead spending variance

VARIABLE Overhead Efficiency Variance