Haliburton Mills Inc. is a large producer of men's and women's clothing. The company uses standard costs for all of its products. The

standard costs and actual costs for a recent period are given below for one of the company's product lines $($per unit of product$)$:

During this period, the company produced $5,000$ units of product. A comparison of standard and actual costs for the period on a total

cost basis is also given above.

There was no inventory of materials on hand to start the period. During the period, $21,000$ metres of materials was purchased and

used in production. The denominator level of activity for the period was $11,200$ hours.

Compute the variable manufacturing overhead spending and efficiency variances. $($Indicate the effect of each variance by

selecting $"$F$"$ for favourable, $"$U$"$ for unfavourable, and "None" for no effect $($i$.$e$.,$ zero variance$).)$

Compute the fixed overhead budget and volume variances. $($Indicate the effect of variance by selecting $"$F$"$ for favourable, $"$U$"$ for

unfavourable, and "None" for no effect $($i$.$e$.,$ zero variance$).)$