Rosemary Corporation is an exclusive jewelry designer and manufacturer. The following standard costs were used for one of its products: Standard Cost per Unit Total Fixed overhead 8 hours @ $60 per hour $ 480 Overhead is applied to products on the basis of standard direct labor hours for actual production. The following information is available regarding the company's operations for the period:

Actual units produced	50 units
Total actual direct labor hours	18,000 hours
Actual fixed manufacturing overhead incurred	$36,000
Budgeted fixed manufacturing overhead for the period	$28,800
Budgeted units for the period	60 units

Calculate the fixed overhead variances.

Use your answer to answer the following questions.

NOTE: Please enter all variances as positive numbers.

The amount of the fixed overhead spending variance for the period is $______________.

Indicate if the fixed overhead spending variance is favourable (enter the letter F) or unfavourable (enter the letters UF).

The amount of the fixed overhead volume variance for the period is $______________.

Indicate if the fixed overhead volume variance is favourable (enter the letter F) or unfavourable (enter the letters UF).