McDormand, Inc., reported a $3,000 unfavorable price variance for variable overhead and a $30,000 unfavorable price variance for fixed overhead. The flexible budget had $1,048,200 variable overhead based on 34,940 direct labor-hours; only 34,060 hours were worked. Total actual overhead was $1.802.400. The number of estimated hours for computing the fixed overhead application rate totaled 35,600 hours. Required: a: Prepare a variable overhead analysis. b- Prepare a fixed overhead analysis. Price variance Efficiency variance Variable overhead cost variance Price variance Production volume variance Fixed overhead cost variance