10

Primara Corporation has a standard cost system in which it appiles overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Required: 1. Compute the fixed portion of the predetermined overhead fate for the year. (Round Fixed portion of the predetermined overheoc rate to 2 decimal places.) 2. Compute the fixed overhead buchget variance and volume variance. (Indicate the effect of each varionce by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero voriance.). Input all amounts as positive values.)