Flint Masks makes customized goalie masks.

Our variable overhead rate is $38 per Direct Labor Hour.

Our standard for production is 12 direct labor hours per custom hockey goalie mask produced.

Our fixed overhead budget is $89,000. Fixed overhead is applied per mask.

Budgeted production 800 masks.

Actual production 780 masks.

Actual costs:

           Variable overhead $383,500.

           Fixed overhead $87550.

           Direct labor hours: 9285.

Calculate:

Variable overhead spending variance $ ____________________________

Variable overhead efficiency variance $ ____________________________

Fixed overhead application rate: $  ________________ per mask

Fixed overhead spending variance $ ___________________________

Fixed overhead production volume variance $ ________________________

Be sure to indicate whether each variance is F (favorable) or U (unfavorable).