Chillco Corporation produces containers of frozen food. During April, Chillco produced 810 cases of food and incurred the following actual costs. Variable overhead Fixed overhead Actual labor cost (3,000 direct-labor hours) Actual material cost (13,000 pounds purchased and used) $ 7,400 5,800 55,800 33,800 Overhead is budgeted and applied using direct-labor hours in a standard costing system. Standard cost and annual budget nformation are as follows: Standard Costs per Case Direct labor (3 hours at $18 per hour) Direct material (15 pounds at $2.30 per pound) Variable overhead (3 direct-labor hours at $2.50 per hour) Fixed overhead (3 direct-labor hours at $2 per hour) Total $ 54.00 34.50 7.50 6.00 $102.00 Annual Budget Information Variable overhead $ 75,000 Fixed overhead $ 60,000 Planned activity for year 30,000 direct-labor hours Fixed-overhead budget variance Fixed-overhead volume variance