Calculate Parker Plastics fixed overhead spending and volume variances and its over- or underapplied fixed overhead.

Parker Plastic, incorporated, manufoctures plastic mats to use with rolling office chairs, its standard cost information for last year follows: Parker Plastic had the following actual results for the past year: Required: Calculate Parker Plastic's flxed overhead spending and volume variances and its over-or underapplied fixed overhesd. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (li.e., zero variancel