Fixed overhead: To support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Procurement Budgeted expense is $9,000 per quarter and is the same for all four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $6,000 per quarter and is the same for all four quarters. Receptionist: Budgeted expenditure on gas is $6,500 and is the same for all four quarters. Covid related: Budgeted expenditure on Covid related is $3,650 per quarter and is the same for all four quarters. Actual results for the year 2022. It is now January 7, 2023, and Fir Cleaning Services (FCS) is comparing the actual expenses against their budget. Here is what they found. Revenue: For 2022, the actual sales hours were: Quarter 1 2 3 4 Actual sales - commercial 16,500 17,100 15,300 11,600 Actual sales - residential 11,800 12,900 11,600 12,100 For 2022, the actual hourly revenue was: Quarter 1 2 3 4 Actual selling price - commercial $52 $52 $52 $52 Actual selling price - residential $49 $49 $49 $49