Use the following information for the next three questions:

Standard costs per unit:

Variable overhead 4 machine hours @ $6 per hour

Fixed overhead 4 machine hours @ $10 per hour

Actual output 20,000 units

Budgeted output 21,000 units

Actual machine hours 80,000 hours

Actual variable overhead cost $540,000

Actual fixed overhead cost $810,000

1. What is the fixed overhead spending variance?

$70,000 (U)

$30,000 (U)

$30,000 (F)

$70,000 (F)

2. What is the fixed overhead volume variance?

$6,000 (F)

$40,000 (F)

$6,000 (U)

$40,000(U)

3. What is the variable overhead spending variance?

$60,000 (U)

$36,000 (U)

$60,000 (F)

$36,000 (F)