See Clear Company calculates a fixed overhead rate based on budgeted fixed overhead of $142,800 and budgeted production of 340,000 units. Actual results were as follows:

Number of units produced and sold		329,400
Actual fixed overhead	$	151,500
1. Calculate the fixed overhead rate based on budgeted production for See Clear. (Round your answer to 2 decimal place.) 2. Calculate the fixed overhead spending variance for See Clear. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.)

3. Calculate the fixed overhead volume variance for See Clear. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.)

4. Calculate the over- or underapplied fixed overhead for See Clear.