The next two questions are based on the following information. Maxima Corp. uses a standard cost system with machine-hours as the activity base for both variable and fixed manufacturing overhead (VMOH & FMOH). The following information relates to production for last year: Variable Fixed Total budgeted overhead (at the denominator level of activity) $14.000 ? Total applied overhead $15,400 $35,200 Total actual overhead $15,800 $31,800 The actual machine-hours incurred were 2,300. VMOH Efficiency Variance was $700 Unfavorable. 19 What was Maxima's VMOH Spending Variance? A. $300.00 Favorable B. $400.00 Unfavorable C. $1,400.00 Favorable D. $1,800.00 Unfavorable E. None of the above 20 What was Maxima's FMOH Volume Variance? A. $3,200.00 Favorable B. $3,200.00 Unfavorable C. $200.00 Favorable D. $200.00 Unfavorable E. None of the above