Crystal Glassware Company has the following standards and flexible-budget data.

Standard variable-overhead rate	$	6.00	per direct-labor hour
Standard quantity of direct labor		2	hours per unit of output
Budgeted fixed overhead	$	100,000
Budgeted output		25,000	units

Actual results for April are as follows:

Actual output		20,000	units
Actual variable overhead	$	320,000
Actual fixed overhead	$	97,000
Actual direct labor		50,000	hours

Required:

Use the following diagrams below (similar to Exhibit 11-6 and Exhibit 11-8 to compute (1) the variable-overhead spending and efficiency variances, and (2) the fixed-overhead budget and volume variances. (Round your "per hour" answers to 2 decimal places. Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).)

Required 1 Required 2 Compute the variable-overhead spending and efficiency variances. Variable-Overhead Spending And Efficiency Variances (Hours-Direct-Labor Hours) Flexible Budget: Variable Overhead Variable Overhead Applied To Work In-Process Actual Variable Overhead Projected Variable Overheacd Actual Hours (AQ) Actual Rate Standard Rate (SVR) Standard Allowed Hours (SQ) Standard Allowed Standard Rate (SVR) Standard Actual (AVR) Hours (AQ) Rate (SVR) Hours (SQ) hours per hour hours per hour hours per hour hours per hour Variable-overhead spending variance Variable-overhead efficiency variance