Rexford Components shows the following overhead information for the current period: ?

Required:

What are the variable overhead spending variance (also known as the price variance) and efficiency variance and fixed overhead spending variance (also known as price variance)? (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)

Actual overhead incurred Budgeted fixed overhead Standard variable overhead rate per direct labor-hour Standard hours allowed for actual production Actual labor-hours used $107,440, 3/4 of which is variable $ 22,492 $ 31 2,950 hours 2,630 hours