budget for August is 18,500 units and includes the following component unit costs: direct materials, $8.1; direct labor, $11.0; variable overhead, $5. Budgeted fixed overhead is $42,000. Actual product n in August was 20.250 unts. Actual unit component sts incured during Augustinclude diect materias, S9.20. dired lao, S1040a ate ereadsso Actual fixed overhead was $44,500. The standard fixed overhead application rate per unit consists of $2.2 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, and "None" for no effect (i.e., zero variance).) Fixed overhead budget Fixed overhead volume variance