Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows:

Standard QuantityStandard Price (Rate)Standard Unit CostDirect materials (clay)1.8lbs.$1.90per lb.$3.42Direct labor1.8hrs.$11per hr.19.80Variable manufacturing overhead (based on direct labor hours)1.8hrs.$1.1per hr.1.98Fixed manufacturing overhead ($396,000 180,000 units)2.20

Barley Hopp had the following actual results last year:

Number of units produced and sold185,000Number of pounds of clay used338,200Cost of clay$676,400Number of labor hours worked230,000Direct labor cost$3,680,000Variable overhead cost$360,000Fixed overhead cost$380,000

Required:

1 & 2.Calculate the fixed overhead spending variance and volume variance for Barley Hopp.

3.Calculate the total over- or underapplied fixed manufacturing overhead for Barley Hopp.

Calculate the fixed overhead spending variance and volume variance for Barley Hopp.(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)