Question 6 The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to outputs: Actual total factory overhead cost incurred Actual fixed overhead cost incurred Budgeted fixed overhead cost Actual machine hours Standard machine hours allowed for the units manufactured Denominator volume-machine hours Standard variable overhead rate per machine hour $ 24,000 $ 10,000 $ 11,000 5,000 4,800 5,500 $ 3.00 The Variable Overhead Spending Variance: A. $400 Unfavorable The Variable Overhead Efficiency Variance is: B. $1,000 Favorable The Fixed Overhead Spending Variance is: C. $600 Favorable The Fixed Overhead Volume Variance is: D. $1,000 Unfavorable The Total Flexible Budget Variance is: E. $1,400 Favorable F. $1,400 Unfavorable G. $600 Unfavorable H. $400 Favorable