Rondell Company uses a standard cost system. Indirect costs were budgeted at $191,900 plus $12 per direct labour hour. The overhead rate is based on 10,100 hours. Actual results were:

Standard direct labour hours allowed9,250Actual direct labour hours10,100Fixed overhead$178,900Variable overhead$174,300

Calculate the fixed overhead production volume variance.

Fixed overhead production volume variance$

Favourable

Neither favourable nor unfavourable

Unfavourable

Calculate the variable overhead spending variance.

Variable overhead spending variance

$

Favourable

Unfavourable

Neither favourable nor unfavourable

Calculate the variable overhead efficiency variance.

Variable overhead efficiency variance$

Neither favourable nor unfavourable

Unfavourable

Favourable

Calculate the over- or underapplied overhead.

Overhead$