Parker Plastic, Incorporated, manufactures plastic mats to use with roling office chairs. its standard cost information for last year follows: Parker Piastic had the following actual results for the past year: Required: Calculate Parker Plastic's fixed overhead spending and volume variances and its over- or underapplled flixed overhead. Note: Indicate the effect of each variance by selecting "F" for fovorable. "U" for unfavorable, and "None" for no effect (lie. zero variance)