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

Barley Hopp had the following actual results last year:

Required:

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

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

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

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

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$

zero variance$).$

Fixed Overhead Spending Variance

Fixed Overhead Volume Variance