McDormand, Inc., reported a $2,600 unfavorable price variance for variable overhead and a $26,000 unfavorable price variance for fixed overhead. The flexible budget had $1,042,200 variable overhead based on 34,740 direct labor-hours; only 34,020 hours were worked. Total actual overhead was $1,797,200. The number of estimated hours for computing the fixed overhead application rate totaled 37,400 hours. Required: a. Prepare a variable overhead analysis. b. Prepare a fixed overhead analysis. Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a variable overhead analysis. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Required A Required B Prepare a variable overhead analysis. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Price variance U Efficiency variance F Variable overhead cost variance 19,000 F