Sheffield Company manufactures deep-sea fishing rods, which it distributes internationally through a chain of wholesalers. The following data are taken from the budget prepared at the beginning of the year by Sheffield's controller. The company applies overhead on the basis of machine hours.

		Annual Budget		May Budget
Variable manufacturing overhead		$2,364,000		$212,000
Fixed manufacturing overhead		$1,205,280		$100,440
Direct labor hours		53,160		4,430
Machine hours		236,400		21,200

During the month of May, Sheffield used 4,420 direct labor hours and 21,940 machine hours. The flexible budget for the month allowed 4,300 direct labor hours and 21,490 machine hours. Actual fixed manufacturing overhead incurred was $107,400; variable manufacturing overhead incurred was $217,900. (a) Calculate the variable overhead spending and efficiency variances for May. (Round per unit value to 2 decimal places, e.g. 52.75 and final answers to 0 decimal places, e.g. 5,725. If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Variable overhead spending variance		$enter the variable overhead spending variance in dollars	select an option FavorableNot ApplicableUnfavorable
Variable overhead efficiency variance		$enter the variable overhead efficiency variance in dollars	select an option Not ApplicableUnfavorableFavorable

(b) Calculate the fixed overhead spending variance for May. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Fixed overhead spending variance

$enter the fixed overhead spending variance in dollars

select an option Not ApplicableUnfavorableFavorable