Ryanbay Enterprises uses a standard cost system and prepared the following budget for May when 21,000 machine hours of activity were anticipated: variable overhead, $60,900; fixed overhead: $357,000. Actual data for May were: Standard machine hours allowed for output attained: 22,000 Actual machine hours worked: 21,000 Variable overhead incurred: $63,800 Fixed overhead incurred: $374,000 What are the variable-overhead spending and efficiency variances? Note: Do not round intermediate calculations and round your final answer to nearest whole dollar amount. Multiple Choice A variable-overhead spending variance of $0 and variable-overhead efficiency variance of $0. A variable-overhead spending variance of $0 and variable-overhead efficiency variance of $2,900 unfavorable. A variable-overhead spending variance of $2,900 unfavorable and variable-overhead efficiency variance of $0. A variable-overhead spending variance of $2,900 favorable and variable-overhead efficiency variance of $2,900 unfavorable. A variable-overhead spending variance of $2,900 unfavorable and variable-overhead efficiency variance of $2,900 favorable.