The following data are the actual results are Sidey Company for May. Standard cost and budget information for Sidey Company follows: Use diagrams similar to those in Exhibits 11-6 and 11-8 to compute the variable-overhead spending and efficiency variances, and the fixed-overhead budget and volume variances. Prepare journal entries to: Record the incurrence of actual variable overhead and actual fixed overhead. Add variable and fixed overhead to Work-in-Process Inventory. Close underapplied or overapplied overhead into Cost of Goods Sold