Company D uses a standard cost sytem to control costs. Fixed overhead is applied based on standard direct labor hours. According to the company's planning budget 35,000 Budgeted direct labor hours 210,000 Budgeted fixed overhead cost During the most recent year, the following operating costs were recorded 30,000 Actual direct labor hours worked Activity Cost 32,000 Standard direct labor hours allowed for actual output $209,400 Actual fixed manufacturing overhead cost incurred Compute the budget and volume variance for the following firm Who does the company hold responsible for positiveegative variances