Oerstman, Inc., uses a standard costing system and develops its overhead rates from the current annual budget. The budget is based on an expected annual output of $128,000$ units requiring $512,000$ direct labor hours. $($Practical capacity is $532,000$ hours.$)$ Annual budgeted overhead costs total $$839,680,$ of which $$593,920$ is fixed overhead. A total of $119,400$ units using $510,000$ direct labor hours were produced during the year. Actual variable overhead costs for the year were $$260,000,$ and actual fixed overhead costs were $$555,750.$

Required:

$1.$ Compute the fixed overhead spending and volume variances.