Acme Company's production budget for August is 19,500 units and includes the following component unit costs: direct materials, $8.0; direct labor, $12.0; variable overhead, $6.0. Budgeted fixed overhead is $52,000. Actual production in August was 21,450 units, actual unit component costs incurred during August include direct materials, $10.20; direct labor, $11.40; variable overhead, $7.20. Actual fixed overhead was $55,500, the standard fixed overhead application rate per unit consists of $2.6 per machine hour and each unit is allowed a standard of 1 hour of machine time. Required: Calculate the fixed overhead budget variance and the fixed overhead volume variance. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) $ 11,880 F Fixed overhead budget variance Fixed overhead volume variance