Helena owns a fruit smoothie shop at the local mall. The budgeted monthly fixed overhead costs consi of the store lease payment ($1,600), advertising ($500), equipment depreciation ($120) and store Wi-F ($60). Actual fixed overhead expenses for June were $2,485. When calculating the fixed overhead rate Helena anticipated selling 5,705 smoothies during each summer month. She actually sold 6,000 in Jur 1. What is the fixed overhead budget variance for the month of June? Is the variance favorable or unfavorable? 2. Will Helena's fixed overhead volume variance for the month of June be favorable or unfavorable? Explain. 1. What is the fixed overhead budget variance for the month of June? Is the variance favorable or unfavorable? Determine the formula for the fixed overhead budget variance, then compute the variance. (Enter the variance as a positive number. Label the variance as favorable (F) or unfavorable (U).) Fixed MOH budget - variance 2. Will Helena's fixed overhead volume variance for the month of June be favorable or unfavorable? Explain. Since Helena's actual store volume was than anticipated, the fixed overhead volume variance will be V By producing at avolume, Helena