Walkenhorst Companys machining department prepared its 2016 budget based on the following data:

Practical capacity		40,000	units
Machine hours per unit		2.00
Variable factory overhead		$3.00	per machine hour
Fixed factory overhead		$408,000

The department uses machine hours to apply factory overhead. In 2016, the department used 85,600 machine hours and $669,000 in total manufacturing overhead to manufacture 42,050 units. Actual fixed overhead for the year was $415,000.

Required:

Determine for the year:
	1. The variable, fixed, and total factory overhead application rates. 2. The flexible budget for overhead cost based on output achieved in 2016. 3. The fixed overhead production volume variance. 4. The total overhead spending variance. 5. The overhead efficiency variance. 6. The variable and fixed overhead spending variances.