1. What was the fixed overhead flexible budget variance for the period to the nearest dollar ?

2. What was the fixed overhead production volume variance for the period to the nearest dollar?

A manufacturing company has a standard costing system based on machine hours (MHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: 3,700 MHs Budgeted/denominator level of activity Overhead costs at the denominator activity level: Variable overhead cost Fixed overhead cost $28,490 $47,545 The following data pertain to operations for the most recent period: 3,900 MHs Actual hours Standard hours allowed for the actual output Actual total variable overhead cost Actual total fixed overhead cost 3,850 MHs $29,445 $47,995