A Moving to another question will save this response. 8 points Save Answe Question Two A. Calculate the spending and efficiency variances for variable overhead (4 Marks) The following information relates to Anderson Company for the period just ended: Calculate the budget and volume variances for fixed overheard (4 Marks) $1 $2 Standard variable overhead rate per hour Standard fixed overhead rate per hour Planned monthly activity Actual production completed Standard machine processing time Actual variable overhead Actual total overhead 40,000 machine hour 82,500 units Two units per hour $38,000 $125,000 40,500 Actual machine hours worked All of the company's overhead is variable or fixed in nature. Required: (Total for Question Two: 8 Marks) lhar press ALT+E10 POLO ALTENZO AMac