Smith Company has a standard manufacturing overhead rate of S5.00 per direct labor hour. The variable manufacturing overhead rate is $4.00 per direct labor hour and the fixed manufacturing overhead rate is $1.00 per direct labor hour. The fixed manufacturing overhead rate was calculated using a normal capacity of 20,000 direct labor hours During the month of November of the current year, the company had the following information concerning production and manufacturing overhead SMITH COMPANY PRODUCTION INFORMATION RELATING TO MANUFACTURING OVERHEAD FOR MONTH OF NOVEMBER Standard Direct Labor Hours Allowed For Actual Output Actual Direct Labor Hours Used Actual Variable Manufacturing Overhead Cost Actual Fixed Manufacturing Overhead Cost Actual Units Produced 18,000 17,500 73,500 20,000 4,500 REQUIRED: Compute the following manufacturing cost variances for Smith Company for the month of November. (1)Variable Manufacturing Overhead Spending (Price) Variance. (2)Variable Manufacturing Overhead Efficiency (Quantity) Variance. (3)Fixed Manufacturing Overhead Spending (Price) Variance. (4)Fixed Manufacturing Overhead Volume Variance