Carlyle Capital Company offers financial services to its clients. Recently, Carlyle has experienced.

 
   

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Carlyle Capital Company offers financial services to its clients. Recently, Carlyle has experienced rapid growth and has increased both its client base and the variety of services it offers. The company is becoming concerned about its rising costs, however, particularly related to technology overhead. After some study, Carlyle determines that its variable and fixed technology overhead costs are both driven by the processing time involved in meeting client requests. This is typically measured in CPU units of their computer usage. Carlyle s measure of output is the number of client interactions in a given period. The technology budget for Carlyle for the first quarter of 2017 was as follows: Client interactions ……………………….. 12,000 Fixed Overhead …………………………. $14,400 Variable Overhead ………………………… 4,800 CPU units @ $2 per CPU unit The actual results for the first quarter of 2017 are given below: Client interactions ……………………….. 13,600 Fixed Overhead …………………………. $14,100 Variable Overhead ………………………. $11,200 CPU Units used …………………………. 5,500 Required 1. Calculate the variable overhead spending and efficiency variances, and indicate whether each is favorable (F) or unfavorable (U). 2. Calculate the fixed overhead spending and production-volume variances, and indicate whether each is favorable (F) or unfavorable (U). 3. Com