Lynch Company established a predetermined fixed overhead cost rate of $58 per unit of product. The company planned to make 7,000 units of product but actually produced only 6,500 units. Actual fixed overhead costs were $424,000.

Required:
a.	Determine the total fixed cost spending variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)
	Total spending variance ________

b.	Determine the total fixed cost volume variance and indicate the effect of the variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)

Total volumn variance__________________