Crystal Glassware Company has the following standards and flexible-budget data. Standard variable-overhead rate Standard quantity of direct labor Budgeted fixed overhead Budgeted output Actual results for April are as follows: $ 6.00 per direct-labor hour 2 hours per unit of output $100,000 25,000 units Actual output Actual variable overhead Actual fixed overhead Actual direct labor 20,000 units $320,000 $ 97,000 50,000 hours Required: Use the following diagrams below (similar to Exhibit 11-6 and Exhibit 11-8 to compute (1) the variable-overhead spending and efficiency variances, and (2) the fixed-overhead budget and volume variances. (Round your "per hour" answers to 2 decimal places. Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance).) Compute the variable-overhead spending and efficiency variances. Variable-Overhead Spending And Efficiency Variances (Hours = Direct-Labor Hours) (1) Actual Variable Overhead Actual Hours (AQ) (2) (3) Projected Variable Overhead Flexible Budget: Variable Overhead Actual Rate (AVR) Actual Hours (AQ) Standard Rate Standard (SVR) Allowed Hours (SQ) Standard Rate (SVR) (4) Variable Overhead Applied To Work- In-Process Standard Allowed Hours (SQ) Standard Rate (SVR) hours per hour hours per hour hours per hour hours per hour Variable-overhead spending variance Variable-overhead efficiency variance Compute the fixed-overhead budget and volume variances. (1) Actual Fixed Overhead Fixed-Overhead Budget And Volume Variances (Hours Direct-Labor Hours) (2) Budgeted Fixed Overhead (3) Fixed Overhead Applied To Work In Process Standard Allowed Hours Standard Fixed- Overhead Rate hours per hour Fixed-overhead budget variance Fixed-overhead volume variance