Actual fixed manufacturing overhead $($FMOH$)$ incurred during the year was $$321,000.$

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Read the requirements.

Begin by calculating the following amounts for the fixed manufacturing overhead. $($Round interim calculations to seven decimal places. Round your final answers to the nearest whole dollar.$)$

$\backslash$table$[[$Actual Costs,$\backslash$table$[[$Same Budgeted$],[$Lump Sum$],[$Regardless of$],[$Output Level$]],\backslash$table$[[$Flexible Budget:$],[$Same Budgeted$],[$Lump Sum$],[$Regardless of$],[$Output Level$]],\backslash$table$[[$Allocated$],[$Overhead$]]]]$

Additional data

Baguettes are baked in batches of $90$ loaves. Following are some pertinent data for Radiance Inc.:

Direct manufacturing labour use $,1\mathrm{.}80DMLH$ per batch

Required

Fixed manufacturing overhead

$$3\mathrm{.}40$ per DMLH

Radiance Inc. recorded the following additional data for the year ended December $31$:

Prepare a variance analysis of FMOH costs.

Is fixed overhead under$-$or overallocated? By how much?

Comment on your results. Discuss the various variances, and explain what may be driving them.

$\backslash$table$[[$Planned $($budgeted$)$ output,$3,870,000$ baguettes$],[$Actual production,$3,390,000$ baguettes$],[$Direct manufacturing labour,$50,400$ DMLH$],[$Actual fixed MOH,$$321,000$