Consider the following data for the Rivera Company:

From the above information, fill in the blanks below. Be sure to mark your variances F for favorable and U forunfavorable.

Factory Overhead Fixed $14,200 Variable $13,300 Actual incurred Budget for standard hours allowed For output achieved Applied Budget for actual hours of input 12,500 11,600 12,500 11,000 11,000 11,400 a. Flexible-budget variance S b. Production-volume variance S Fixed S Fixed S Fixed S Fixed S Variable S Variable S Variable S Variable S Spending variance d. Efficiency variance c .