Rondell Company uses a standard cost system. Indirect costs were budgeted at $204,000 plus $14 per direct labour hour. The overhead rate is based on 10,200 hours. Actual results were:

Standard direct labour hours allowed9,160Actual direct labour hours10,200Fixed overhead$188,300Variable overhead$183,900

Calculate the fixed overhead production volume variance.

Fixed overhead production volume variance$

Neither favourable nor unfavourable

Unfavourable

Favourable

Calculate the variable overhead spending variance.

Variable overhead spending variance

$

Neither favourable nor unfavourable

Favourable

Unfavourable

Calculate the variable overhead efficiency variance.

Variable overhead efficiency variance$

Favourable

Neither favourable nor unfavourable

Unfavourable

Calculate the over- or underapplied overhead.

Overhead$

over-applied

under-applied