Carpe Diem Co. reported the following variances for the period:Direct materials price variance $1,700 UDirect labour efficiency variance 23,600 UFixed overhead volume variance 10,200 UFixed overhead budget variance 20,000 FDirect materials quantity variance 6,500 FDirect labour rate variance 2,000 FBased on this information, which of the following statements is true? a) Spending on fixed overhead was greater than planned. b) Carpe Diem produced more units than planned. c) The direct labour static budget variance is favourable. d) The direct material flexible budget variance is favourable.