Below is Jamland Company's 4-Variance Analysis: Spending Variance Efficiency Variance Production-Volume Variance $11,000 U No variance Variable overhead $6,900 F Fixed overhead (a) No variance $45,000 U Which of the following statements is true of Jamland's overhead variances? Static fixed overhead amount is higher than flexible fored overhead amount Budgeted variable overhead rate is higher than actual variable overhead rate. Static fixed overhead amount is lower than flexible foxed overhead amount O Budgeted variable overhead rate is lower than actual variable overhead rate. Question 18 0.4 pts Below is Mycone Inc's 4-Variance Analysis Spending Variance Efficiency Variance Production-Volume Variance Variable overhead $7.300 F Fixed overhead $28,300 U $35.000 U (A) (B) $90,000 U The total production-volume variance should be O $90,000 F 090,000 0 $118,300 U O $118,300 F