Please answer 1C/1E using the chart. Thanks!

Problem 11-38 Overhead Variances (LO 11-5) Newark Plastics Corporation developed its verhead application rate from the annual budget. The budget is based on an expected total output of 672,000 units requiring 3,360,000 machine hours. The company is able to schedule production uniformly throughout the year. Machine hours is the cost driver for overhead costs. A total of 67,200 units requiring 285,600 machine hours were produced during May. Actual overhead costs for May amounted to $685,200. The actual costs, as compared to the annual budget and to one-twelfth of the annual budget, are as follows: NEWARK PLASTICS CORPORATION Annual Budget Per Total Per Machine Amount Unit Hour Monthly Budget Actual Costs for May $2,083,200 1,411,200 $ 3.10 2.10 $0.62 0.42 $173,600 117,600 $191,600 117,600 Variable overhead: Indirect material Indirect labor Fixed overhead: Supervision Utilities Depreciation Total 1,209,600 1, 142,400 2,016,000 $7,862,400 1.80 1.70 3.00 $11.70 0.36 0.34 0.60 $2.34 100,800 95,200 168,000 $655,200 94,800 113,200 168,000 $685,200 Required: 1. Prepare a schedule showing the following amounts for Newark Plastics for May. a. Applied overhead costs. b. Variable-overhead spending variance. c. Fixed-overhead budget variance. d. Variable-overhead efficiency variance. e. Fixed-overhead volume variance. Total Amount Per Unit Machine Hour $ 3.10 2.10 $0.62 0.42 Variable overhead: Indirect material Indirect labor Fixed overhead: Supervision Utilities Depreciation Total $2,083,200 1,411,200 1,209,600 1, 142,400 2,016,000 $7,862,400 Monthly Budget $173,600 117,600 100,800 95,200 168,000 $655,200 Actual Costs for May $191,600 117,600 94,800 113,200 168,000 $685,200 1.80 1.70 3.00 $11.70 0.36 0.34 0.60 $2.34 Required: 1. Prepare a schedule showing the following amounts for Newark Plastics for May. a. Applied overhead costs. b. Variable-overhead spending variance. c. Fixed-overhead budget variance. d. Variable-overhead efficiency variance. e. Fixed-overhead volume variance. Complete this question by entering your answers in the tabs below. Req 1A Reg 13 and 1D Reg 1C and 1E Fixed-overhead Budget Variance and Volume Variance. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance). Round "Applied Overhead" to 2 decimal places.) Fixed Overhead Actual Overhead Budget Variance Flexible Budget Volume Variance Applied Overhead $ 0.00 Machine hours