Use the following information of Alfred Industries. Compute the overhead spending variance and the volume variance

Use the following information Of Alfred Industries. Standard manufacturing overhead based on normal monthly volume: Fixed ($303,400 20.000 units) Variable * 20.000 unis) units actually produced in current month Actual overhead costs incurred (including 5300.000 fixed) S1517 S 20M 18, 000 units S383.800 Compute the overhead spending variance and the volume variance (Indicate the effect of each variance by selecting "Favorable" or "Untavorabie". Select "None" and enter "O" for no effect (i.e., zero variance).) Overhead spending variance Overhead ailume variance