Orion Inc. uses a standard costing system. Overhead costs are applied based on direct labour hours. Budgeted data for January are as follows: Static Budget Units Produced 126,000 Direct Labour Hours 56,700 Total Budgeted Manufacturing Overhead Costs $130,410 Predetermined Fixed Manufacturing Overhead Rate $2.00 per DLH Actual data for January are as follows: Actual Units Produced 115,000 Direct Labour Hours 55,000 Variable Overhead Costs $ 15,250 Fixed Overhead Costs $115,200

Required: (show all calculations below)

1. What is the rate variance for variable overhead.

2. What is the efficiency variance for variable overhead?

3. What is the Rate variance for fixed overhead?

4. What is the Production volume variance for fixed overhead?