The loan department of City Bank uses standard costs to determine the overhead cost of processing loan applications. During the current month a fire occurred, and the accounting records for the department were mostly destroyed. The following data were salvaged from the ashes.

Standard variable overhead rate per hour                                         $9
Standard hours per application                                                           2
Standard hours allowed                                                                 2,000
Standard fi xed overhead rate per hour                                              $6
Actual fi xed overhead cost                                                        $13,200
Variable overhead budget based on standard hours allowed    $18,000
Fixed overhead budget                                                               $13,200
Overhead controllable variance                                                 $  1,500 U

Instructions
  (a) Determine the following.

(1) Total actual overhead cost.
(2) Actual variable overhead cost.
(3) Variable overhead cost applied.
(4) Fixed overhead cost applied.
(5) Overhead volume variance.

  (b) Determine how many loans were processed.