Company makes watches. For 2017, the company expected fixed overhead costs of $ 1 comma 140 comma 000. Garde uses direct labor-hours to allocate fixed overhead and anticipates 28 comma 500 hours during the year for an expected output of 570 comma 000 units. An equal number of units are budgeted for each month. During October, 49 comma 000 watches were produced and $ 91 comma 500 was spent on fixed overhead. Calculate the following: a. the fixed overhead rate for 2017; b. the fixed overhead spending variance for October; and c. the production-volume variance for October. a. Calculate the fixed overhead rate for 2017. Garde Company's fixed overhead rate for 2017 is $ 40 per hour. b. Calculate the fixed overhead spending variance for October. (Complete all answer boxes.) Garde Company's fixed overhead spending variance for October is $ 3,500 Favorable . c. Calculate the production-volume variance for October. (Complete all answer boxes.) Garde Company's production-volume variance for October is $ 3,000 Favorable .