Exercise 10A-4 (Algo) Fixed Overhead Variances [LO10-4] Selected operating information on three different companies for a recent year is given below: *Denominator activity for computing the predetermined overhead rate. Required: For each company, state whether the volume variance would be favorable or unfavorable. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.) Exercise 10A-4 (Algo) Fixed Overhead Variances [LO10-4] Selected operating information on three different companies for a recent year is given below: *Denominator activity for computing the predetermined overhead rate. Required: For each company, state whether the volume variance would be favorable or unfavorable. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)