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Budgeted overhead for Crane Company at narmal capacity of 50000 direct labor hours is $3 per hour variable and $2 per hour fixed. In May,

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Budgeted overhead for Crane Company at narmal capacity of 50000 direct labor hours is $3 per hour variable and $2 per hour fixed. In May, $259700 of overhead was incurred in working 53000 hours when 54500 standard hours were allowed. The overhead volume variance is O $7500 favorable O $13500 favorable O $9000 favorable. O $12800 favorable

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