Fixed Overhead Voriances Restand Inc. operates a detivery service for over 70 rewaurants. The corporation has a feec of wahicles and has invested in a sephisticated, computerized communicatio system to coordinate its deliveries. Rostand has gochered the following actual data on last year's delivery cperations: fostand employs a standard costing system, During the year, a varioble overhead rate of $5.10 per hour was used. The tabor standard requires 0.80 hour per delivery. Assume that the actual fixed overhead was $403,400. Budgeted fixed overhead was 5400,000, bused on practical capacity of 32,000 direct labor hoursi Recuired: 1. Calculate the standard fixed overhead rate based on budgeted fixed overhesd and practical capacity. 2. Compute the foxed overhead spending and volume variances. Enter amounts as positive numbers and select Favorable or Unitavorable