McDormand, Inc., reported a $3,400 unfavorable price variance for variable overhead and a $34,000 unfavorable price variance for fixed overhead. The flexible budget had $1,083,000 variable overhead based on 36,100 direct labor-hours, only 34,100 hours were worked. Total actual overhead was $1,810,400. The number of estimated hours for computing the fixed overhead application rate totaled 37,500 hours. Required: a. Prepare a variable overhead analysis. b. Prepare a fixed overhead analysis. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a variable overhead analysis. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Price variance Efficiency variance Variable overhead cost variance Price variance Production volume variance Fixed overhead cost variance