Current Attempt in Progress Sunland Company manufactures deep-sea fishing rods, which it distributes internationally through a chain of wholesalers. The following data are taken from the budget prepared at the beginning of the year by Sunland's controller. The company applies overhead on the basis of machine hours. During the month of May, Sunland used 4,330 direct labor hours and 21,990 machine hours. The flexible budget for the month allowed 4,150 direct labor hours and 21,040 machine hours. Actual fixed manufacturing overhead incurred was $108,400; variable manufacturing overhead incurred was $151,730. (a) Calculate the variable overhead spending and efficiency variances for May. (Round per unit value to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,725. If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Variable overhead spending variance $ Variable overhead efficiency variance $ Calculate the fixed overhead spending variance for May. (If variance is zero, select "Not Applicable" and enter 0 for the During the month of May, Sunland used 4,330 direct labor hours and 21,990 machine hours. The flexible budget for the month allowe 4,150 direct labor hours and 21,040 machine hours. Actual fixed manufacturing overhead incurred was $108,400; variable manufacturing overhead incurred was $151,730. (a) Calculate the variable overhead spending and efficiency variances for May. (Round per unit value to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,725. If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Variable overhead spending variance $ Variable overhead efficiency variance $ (b) Calculate the fixed overhead spending variance for May. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.) Fixed overhead spending variance $ eTextbook and Media