Exercise 16-48 (Algo) Fixed Cost Variances (LO 16-6) Coe Parts applies fixed overhead at the rate of $6.92 per unit. Budgeted fixed overhead was $205,600. This month 28,840 units were produced, and actual fixed overhead was $200,440. Required: a. What are the fixed overhead price and production volume varlances for Coe Parts? b. What was budgeted production for the month? Complete this question by entering your answers in the tabs below. What are the fixed overhead price and production volume variances for Coe Parts? Note: Indicate the effect of each variance by selecting "F for favorable, or "U" for unfavorable. If there is no effect, do not 5elect either option. Do not round your intermediate calculations. Round your flnal answers to the nearest dollar: Coe Parts applies fixed overhead at the rate of $6.92 per unit. Budgeted fixed overhead was $205,600. This month 28,840 units were produced, and actual flxed overhead was $200,440. Required: a. What are the fixed overhead price and production volume variances for Coe Parts? b. What was budgeted production for the month? Complete this question by entering your answers in the tabs below. What was budgeted production for the month? Note: Do not round your intermediate calculations. Round your final answer to the nearest whole number