Company's fixed factory overhead is budgeted at $300,000 for the year on an expected annual production level of 5,000 units. Each unit of finished product requires three (3) standard direct labor hours. Actual production in units: 4,950 units Actual direct labor hours worked 15,100 hours Actual fixed factory overhead costs incurred: $298,000 1. CALCULATE FIXED FACTORY OVERHEAD ALLOCATED: 2. CALCULATE FIXED FACTORY OVERHEAD SPENDING (PRICE VARIANCE): 3. CALCULATE FIXED FACTORY OVERHEAD VOLUME VARIANCE: 4. PREPARE JOURNAL ENTRY TO RECOGNIZE THE VARIANCES: DR