Kingbird Company applies overhead based on direct labour hours. Two direct labour hours are required for each unit of product. Planned production for the period was set at 8,800 units. Manufacturing overhead is budgeted at $132.000 for the period (20% of this cost is fixed). The 16,800 hours worked during the period resulted in the production of 8,210 units. The variable manufacturing overhead cost incurred was $106.700 and the fixed manufacturing overhead cost was $28,300. (a) Your answer is correct. Calculate the variable overhead spending variance for the period. Variable overhead spending variance $ $ 5900 i Unfavourable Attempts: 1 of 2 used (b) Your Answer Correct Answer (Used) Your answer is partially correct. Calculate the variable overhead efficiency (quantity) variance for the period. Variable overhead efficiency variance (4800) Unfavourable eTextbook and Media (c) Your answer is correct. Calculate the fixed overhead budget (spending) variance for the period. Fixed overhead budget variance $ 1900 Unfavourable Attempts: 1 of 2 used (d) X Your answer is incorrect. Calculate the fixed overhead volume variance for the period. Fixed overhead volume variance $ 1200 Favourable Save for Later