Hunter Company uses a standard cost system when accounting for its sole product.

Planned production is 60,000 process hours per month, which gives rise to the following

per-unit standards:

Variable overhead: 13 hours at $15 per hour

Fixed overhead: 13 hours at $7 per hour

During September, 5,100 units were produced and Hunter incurred the following

overhead costs: variable, $942,500; fixed, $429,000.

Actual process hours totaled 65,000.

REQUIRED:

1.Calculate the spending and efficiency variances for variable overhead.

2. Calculate the budget and volume variances for fixed overhead.