Benton Company uses a standard cost system for its single product. The following data are available:

Actual experience for the current year:

Purchases of raw materials (15,000 yards at $13 per yard)

$195,000

Raw materials used

12,000 yards

Direct labor costs (10,200 hours at $10 per hour)

$102,000

Actual variable overhead cost

$84,150

Units produced

12,600 units

Standards per unit of product:

Raw materials

1.1 yards at $15 per yard

Direct Labor

0.8 hours at 9.50 per hour

Variable overhead

$8 per direct labor hour

Compute and name (do not abbreviate) variable and fixed overhead variances, assuming that 12,000 units were budgeted to be produced and that budgeted fixed overhead was $38,400 and actual fixed overhead incurred was 

$40,000.Also determine the amount of under-or overapplied overhead. Type only the names of the variances, the amount, and the amount of over- or under- applied overhead below and show your work on the scratch paper.