Dexter Company, which produces a single product, has the following standard cost and actual cost information: Standard cost: Direct materials ( 8 pounds @ $2.5/lb) $20 Direct labor (3 direct labor hours @$12/hour) 36 Manufacturing OH (3 DLH @ $10/DLH) 30 Total $86 Dexter Company assigns overhead (OH) cost based on direct labor hours (DLH). The $10/DLH pre-determined overhead rate is determined as follows: $7/DLH variable OH and $3/DLH fixed OH ($2,160/720DLH). 720 DLH reflects the capacity hours of producing 240 units (240 units X 3DLH/unit). Please note that it takes three direct labor hours to produce each unit of product. During the period, 230 units were produced at the following cost: Direct materials (1900 pounds @ $2.6/lb) $4,940 Direct labor (700 hours @$11.60/hour) 8,120 Manufacturing OH ($4,300 variable OH and $2,000 fixed OH) 6,300 Total $19,360

f.Compute the fixed overhead spending variance (please use a negative sign if the variance is unfavorable. For example, if there is an unfavorable variance of $500, write -500. If there is a favorable variance of $500, write 500. Don't use $ signs in writing your answer

g. Compute the fixed overhead volume variance (please use a negative sign if the variance is unfavorable. For example, if there is an unfavorable variance of $500, write -500. If there is a favorable variance of $500, write 500. Don't use $ signs in writing your answer)