eBook Show Me How Print Item Calculator Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches Branch Company provided the following information: Standard fixed overhead rate (SFOR) per direct labor hour $5.00 Actual fixed overhead $305,000 BFOH 300,000 Actual production in units 16,000 Standard hours allowed for actual units produced (SH) 64,000 Required Enter amounts as positive numbers and select Favorable (F) or Unfavorable(U). (3) SH X SFOR 1. Using the columnar approach, calculate the fixed overhead spending and volume variances. (1) Actual FOH (2) BFOH -- - ex X UV Spending 2. Using the formula approach, calculate the fixed overhead spending variance X Unfavorable Volume 3. Using the formula approach, calculate the fixed overhead volume variance X Favorable 4. Calculate the total fixed overhead variance. Check My Work $300,000 16.000 eBook Show Me How Print Item Calculator Standard fixed overhead rate (SFOR) per direct labor hour $5.00 Actual fixed overhead $305,000 BFOH Actual production in units 16,000 Standard hours allowed for actual units produced (SH) 64,000 Required Enter amounts as positive numbers and select Favorable (F) or Unfavorable(U). SH X SFOR 1. Using the columnar approach, calculate the fixed overhead spending and volume variances (1) Actual FOH Volume Spending 2. Using the formula approach, calculate the fixed overhead spending variance se x Unfavorable 3. Using the formula approach, calculate the fixed overhead volume variance X Favorable 4. Calculate the total fixed overhead variance X Favorable Check My Work