2. Gallant Company uses standard costing. Overhead is applied to products on the basis of standard direct labor hours for actual production. Data for Gallant follows: 110,000 Standard direct labor hours allowed for actual output Actual direct labor hours 115,000 Direct labor hours budgeted in the master budget 120,000 Budgeted total fixed overhead cost $210,000 Actual fixed overhead cost $208,000 A. Calculate the fixed overhead rate. B. Calculate the total fixed overhead applied to production. C. Calculate the fixed overhead spending variance. D. Calculate the fixed overhead volume variance. E. Calculate the total fixed overhead variance. BODE