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Current Attempt in Progress The predetermined overhead rate for Waterway Industries is $ 4 , comprised of a variable overhead rate of $ 2 and

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The predetermined overhead rate for Waterway Industries is $4, comprised of a variable overhead rate of $2 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $120000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $4. Actual overhead for June was $9800 variable and $7050 fixed, and standard hours allowed for the product produced in June was 3300 hours. The total overhead variance is
$450 U.
$3650F.
$450F.
$3650 U.
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