Question 18 (4 points) Information for questions 18 - 21: Green Corporation manufactures football jerseys and uses a standard costing system. The following information pertains to Green's manufacturing overhead costs. Both fixed and variable manufacturing overhead are allocated based on machine hours. The denominator volume for the rate is budgeted hours (i.e., standard hours required for the budgeted output). Budgeted number of jerseys 20,000 units Standard machine hours per jersey 1.5 hrs Variable manufacturing overhead, static (master) budget $360,000 Fixed manufacturing overhead, static (master) budget $600,000 Actual jerseys produced 21,000 units Actual machine-hours used 32,000 hours Actual variable manufacturing overhead costs $375,000 Actual fixed manufacturing overhead costs $605,000 What is the variable overhead spending variance? (U or F)? Question 19 (4 points) What is the variable overhead efficiency variance? (U or F)? Question 20 (4 points) What is the fixed overhead spending variance? (U or F)? Question 21 (4 points) What is the fixed overhead production volume variance? (U or F)