Crash Bang, Co$.$ uses a standard cost system and provides the following information:

Standards:

Static budget variable overhead $$5,630\mathrm{.}00.$

Static budget fixed overhead $$22,520\mathrm{.}00.$

Static budget direct labor hours $563$ hours.

Static budget number of units $21,000$ units.

Static budget direct labor hours $0\mathrm{.}026$ hours per unit.

Crash Bang, Co$.$ allocates manufacturing overhead to production based on standard direct

labor hours. Crash Bang, Co$.$ reported the following actual results for $2020$:

Actual:

Number of units produced $20,000.$

Actual variable overhead $$5,200\mathrm{.}00$

Actual fixed overhead $$24,000\mathrm{.}00.$

Actual direct labor hours $500.$

$($Round your answers to two decimal places when needed and use rounded answers for all

future calculations$).$

Compute the fixed overhead allocation rates.

Calculate the fixed overhead cost variance.

Act. FOH $?$ Budget FOH $=$ Fixed OH Cost Variance Favorable or Unfavorable

$=$