At the Beginning of the Year, Goodman Company Had the Following

At the beginning of the year, Goodman Company had the following standard cost sheet for one of its food products: $\begin{array}{lr}\text { Direct materials ( } 10 \mathrm{~kg} @ 3.20 \text { per kilogram) } & \$ 32.00 \\\text { Direct labour (4 hours }(\$ 9.00 \text { per hour) } & 36.00 \\\text { Fixed overhead (4 hours }(\$ 4.00 \text { per hour) } & 16.00 \\\text { Variable overhead (4 hours }(\omega, \$ 0.75 \text { per hour) } & 3.00\\\text { Standard cost per unit }&\$87.00\end{array}$ The company computes its overhead rates using practical volume, which is 72,000 units. The actual results for the year are: $$\begin{array} { l r } \text { Units produced } & 70,000 \\\text { Direct labour hours } & 290,000 \\\text { Actual wage per hour } & \$ 9.05 \\\text { Fixed overhead } & \$ 1,160,000 \\\text { Variable overhead } & \$ 218,000\end{array}$$ Required:
A. Compute the fixed overhead spending and volume variances.
B. Compute the variable overhead spending and efficiency variances.