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Casey Corporation produces a special line of basketball hoops. Casey Corporation produces the hoops in batches.

Casey Corporation produces a special line of basketball hoops. Casey Corporation produces the hoops in batches. To manufacture a batch of the basketball hoops, Casey Corporation must set up the machines and molds. Setup costs are batch-level costs because they are associated with batches rather than individual units of products. A separate Setup Department is responsible for setting up machines and molds for different styles of basketball hoops.
Setup overhead costs consist of some costs that are variable and some costs that are fixed with respect to the number of setup-hours. The following information pertains to January 2004.
Static Budget Amounts Actual Amounts
Basketball hoops produced and sold 30,000 28,000
 Batch Size (# of units per batch) 200 250
 Setup-hours per Batch 5 4
 Variable Overhead cost per setup hour $10 $9
 Total fixed setup overhead costs $22,500 $21,000
Required:
 Calculate the efficiency variance for variable setup overhead costs.
Calculate the spending variance for variable setup overhead costs.
Calculate the flexible-budget variance for variable setup overhead costs.
Calculate the spending variance for fixed setup overhead costs.
Calculate the production-volume variance for fixed setup overhead costs.