The following information is presented for the Adcox Manufacturing Company.

• Standard fixed manufacturing overhead rate is \($9.50\) per direct labor hour.

• Direct labor efficiency standard is nine hours per finished unit.

• Budgeted production is 9,000 finished units.

• Budgeted fixed manufacturing overhead is $769,500.

• Actual fixed manufacturing overhead cost was $755,360.

• 8,500 finished units of product were produced.

Required:

a. Determine the fixed manufacturing overhead budget variance.

b. Determine the fixed manufacturing overhead volume variance in dollars.