Burr Manufacturing produces luxury dog houses. Each dog house requires 30 hours of machine time for its elaborate trim and finishing For the current year, Burr calculated its predetermined fixed manufacturing overhead (MOH) rate to be $20 per machine hour. The company budgets its fixed MOH to be $66,000 per month Last month, Burr produced 1,000 dog houses and incurred $68,500 (actual) of fixed MOH Read the requirements Requirement 1. Calculate the fixed overhead budget variance Begin by determining the formula for the fixed overhead budget variance, then compute the variance (Enter the vanance as a positive number Label the variance as favorable (F) or unfavorable (U)) Fixed MOH = budget vanance wuuyti vanance ing the formula for the fixed overhead budget variance, then compute the variance (Enter the variance as a positive number as favorable (F) or - X Requirements Fixed MOH budget variance 3.00 1. Calculate the fixed overhead budget variance 2. Calculate the fixed overhead volume variance. 100 standard Print Done