and Inc. operates a delivery service for over 70 restaurants. The corporation has a fleet of vehicles and has invested Rost in a sophisticated, computerized communications system to coordinate its deliveries. Rostand has actual data on last year's delivery operations: Deliveries made Direct labor Actual variable overhead Rostand employs a standard costing system. During the year, a variable overhead rate of $5.10 per hour was used. The labor standard requires 0.80 hour per delivery. Assume that the actual fixed overhead was $403,000. Budgeted fixed overhead was $394,940, based on practical capacity of 34,000 direct labor hours. Required: 1. Calculate the standard fixed overhead rate based on budgeted fixed overhead and practical capacity. Round your answer to the nearest cent. gathered the following 38,600 31,000 direct labor hours @$9.00 $157,700 11.62 2. Compute the fixed overhead spending and volume variances. Round your final answer to the nearest whole dollar Spending variance Volume variance $34,720XUnfavo 8,060 X Favorable X rable Previous Next