Barley Hopp, Inc., manufactures custom-ordered commemorative beer steins. Its standard cost information follows:
	Standard Quantity	Standard price (rate)	Stnadard Unit Cost
Direct materials (clay)	1.7lbs	$1.80 per lb	$3.06
Direct labor	1.7hrs	$13 per hr	22.10
Variable manufacturing overhead	1.7hrs	$1.1 per hr	1.87
(based on direct labor hours)
Fixed manufacturing overhead ($276,000 120,000 units)			2.30
Barley Hopp had the following actual results last year:
Number of units produced and sold	125,000
Number of pounds of clay used	218,200
Cost of clay	370,940
Number of labor hours worked	170,000
Direct labor cost	2,805,000
Variable overhead cost	240,000
Fixed overhead cost	300,000
Required:
1
Calculate the fixed overhead spending variance for Barley Hopp. (Do not round your intermediate calculations. 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. (Do not round your intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable,"U" for unfavorable.)
	Fixed Overhead Volume Variance= ________
3
Calculate the total over- or underapplied fixed manufacturing overhead for Barley Hopp. (Do not round your intermediate calculations.)
	_________ Fixed Overhead _______