Oriole Company manufactures deep-sea fishing rods, which it distributes internationally through a chain of wholesalers. The following data are taken from the budget prepared at the beginning of the year by Oriole's controller. The company applies overhead on the basis of machine hours. Variable manufacturing overhead Fixed manufacturing overhead Direct labor hours Machine hours Annual Budget May Budget $2,684,400 $247,200 $1,205,880 $100,490 48,000 4,000 223,700 20,600 During the month of May, Oriole used 4,480 direct labor hours and 21,710 machine hours. The flexible budget for the month allowed 4,310 direct labor hours and 21,120 machine hours. Actual fixed manufacturing overhead incurred was $106,700; variable manufacturing overhead incurred was $259,520. (a) Calculate the variable overhead spending and efficiency variances for May. (Round per unit value to 2 decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 5,725. If variance is zero, select "Not Applicable" and enter O for the amounts.) Variable overhead spending variance $ $ Variable overhead efficiency variance