Variable Overhead Variances Assume that the best cost driver that Sony has for variable factory overhead in the assembly department is machine hours. During April, the company budgeted 585,000 machine hours and $4,972,500 for its Texas plants assembly department. The actual variable overhead incurred was $5,002,500, which was related to 575,000 machine hours. Do not round until your final answers. Round your answers to the nearest dollar.

(a) Determine the variable overhead spending variance. $ Answer

AnswerFU

(b) Determine the variable overhead efficiency variance. $Answer

AnswerFU