Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows Standard Standard Price Quantity 1.5 lbs 1.60 per lb 1.5 hrs. $12.00 per hr Standard Unit Cost S 2.40 18.00 1.80 (Rate) Direct materials (clay) Direct labor Variable manufacturing o verhead (based on 15 hrs 1.20 per hr direct labor hours) Fixed manufacturing overhead (S250,000 2.50 100,000 units) Barley Hopp had the following actual results last year Number of units produced and sold Number of pounds of clay used Cost of clay Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost 110,00 178,200 $267,300 150,000 $2,025,000 $ 200,000 $ 270,000 Required 1. Calculate the fixed overhead spending variance for Barley Hopp. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable) Fixed Overhead Spending Variance 2. Calculate the fixed overhead volume variance for Barley Hopp. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Fixed Overhead Volume Variance