Mackie Corp has developed the following standards with respect to the estimated cost of manufacturing overhead associated with the production of 1,500 left-handed widgets in May. Overhead at Different Activity Levels Machine Hours 2,000 3,000 4,000 Number of Widgets 1,000 1,500 2,000 Variable Overhead $4,000 $6,000 $8,000 Fixed Overhead $9.000 $9.000 $9.000 Total Overhead $13,000 $15,000 $17,000 Mackie applies overhead based on machine hour activity, According to the actual May production report, 1,200 left-handed widgets were produced. The production of these 1,200 widgets required 2,400 machine hours. Actual overhead incurred was $13,200. Show all of your work in determining the following: 1. What was Mackie's manufacturing overhead spending variance (provide the amount as well as whether the variance was favorable (F) or unfavorable (U)? 2. What was Mackle's manufacturing volume variance (provide $ as well as whether the variance was favorable (F) or unfavorable (U) 3. Prepare the journal entry to record the manufacturing overhead activity for the month of May