Kenzi Cycles has been a manufacturer of cycles for many years. It has traditionally focused on the lower end of the market appealing to casual and leisure cyclists. Kenzi sells its bikes through large department stores. With an increasingly competitive market, Kenzi management has been trying to manage costs but maintain the same bike features it has always provided. Commencing 2021 , management decided to buy slightly higher quality components and materials and pay slightly higher wages to maintain their existing staff. Kenzi has used a standard costing system for the last five years. The current standard cost for one bicycle based on production of 10,000 units is as follows: Actual data for the current year reveals the following: I. Due to a slowing of demand, 9500 bikes were produced and sold II. $585000 of direct materials was purchased and used representing 90000kgs of materials III. Direct labor was $367500 for 35000 direct labor hours IV. Actual variable overhead totaled $189000 V. Actual fixed overhead totaled $86000 Select the option that best represents the variable overhead price/spending variance and fixed overhead budget variance: $14000F and $4000F None of the available options $15000U and $6000F $15000F and $4000U $14000U and $6000U