The Platter Valley factory of Bybee Industries manufactures field boots. The cost of each boot includes direct materials, direct labor, and manufacturing overhead. The firm all direct costs to products, and assigns overhead based on direct labor hours. The company budgeted $12.600 variable overhead and 2.250 direct labor hours to manufacture 4,500 pairs of boots in March. The factory used 3.100 direct labor hours in March to manufacture 4.400 pairs of boots and spent $16.200 on variable overhead during the month. For March the Plotter Valley factory of Bybee Industries budgeted $90.000 of overhead. Its practical capacity is 2.250 direct labor hours per month (to manufacture 4,500 pairs of boots). The actual fixed overhead incurred for the month was $92.400. value: 6.25 points The Platter Valley factory of Bybee Industries uses a three-variance analysis of the total factory overhead variance. Compute the total overhead spending variance, the efficiency variance, and the fixed overhead production volume variance. Determine the spending variances (both variable and fixed), the efficiency variance, and the fixed overhead production volume variance