Franks Company produced 28,400 dog leashes during February. The following fixed overhead data pertain to February: (Dont forget to designate if the variance is favorable or unfavorable)

Actual Static Budget Production 28,400 units 35,000 units Machine-hours 7,100 hours 7,000 hours Fixed overhead costs for February $129,000 $124,000

a) What is the production volume variance? b) What is the fixed overhead spending variance?