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please complete both parts! thanks so much Parker Plastic, Incorporated, monufactures plastic mats to use with rolling office chairs. Its standard cost information for iast

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Parker Plastic, Incorporated, monufactures plastic mats to use with rolling office chairs. Its standard cost information for iast year follows: Parker Plastic had the following actual results for the past year: Required: Calculate Parker Plastic's variable overhead rate and efficiency variances and its over-or underapplied variable overhend. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (h.e., rero variance). arker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs, Its standard cost information for iast yedl ollows: Parker Plastic had the following actual results for the past year: Calculate Parker Plastic's fixed overhead spending and volume variances and its over- or underopplied fixed overhead Required: Note: Indicate the effect of each variance by selecting "F" for favorable, " W " for unfavorable, and "None" for no effect (l.e., zero variance)

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