Circle the impact of the following situations on the listed variances Higher level of laborers were used: Labor Price Variance: Favorable Labor Efficiency Variance: Favorable Unfavorable Unfavorable No Effect No Effect Actual fixed overhead costs exceed budgeted fixed overhead costs: FOH Spending Variance: Favorable Unfavorable No Effect Standard machine hours allowed for actual units produced was greater than Standard machine hours budgeted: FOH Spending Variance: Favorable Unfavorable No Effect FOH Volume Variance: Favorable Unfavorable No Effect Supplies (indirect materials) were stolen: VOH Spending Variance: Favorable VOH Efficiency Variance: Favorable Unfavorable Unfavorable No Effect No Effect