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.

Answer is complete but not entirely correct.

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

Req $1$

and $2$

Req $3$

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

Note: Enter the dollar value of the variance as an absolute value $($positive number$)$ and

then use the drop$-$down menu to indicate the effect of each variance by selecting $"F"$ for

favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$

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