Rondell Company uses a standard cost system. Indirect costs were budgeted at $190,800 plus $13 per direct labour hour. The overhead rate is based on 10,600 hours. Actual results were:

Standard direct labour hours allowed		9,070
Actual direct labour hours		10,600
Fixed overhead		$179,000
Variable overhead		$174,400

Calculate the fixed overhead production volume variance.

Fixed overhead production volume variance

$

Neither favourable nor unfavourableUnfavourableFavourable

Calculate the variable overhead spending variance.

Variable overhead spending variance

$

Neither favourable nor unfavourableUnfavourableFavourable

Calculate the variable overhead efficiency variance.

Variable overhead efficiency variance

$

Neither favourable nor unfavourableFavourableUnfavourable

Calculate the over- or underapplied overhead.

Overhead

$

over-appliedunder-applied