HELP!

ustang Company utlzes a standard costing system and uses direct labor hours as its cost driver with respect to factory overhe he standard cost card for the company's only product is as follows: Standard Price or Standard Cost $16.00 3000 Inputs Standard Quantity Rate or Hours 20 pounds $8.00per 1.5 Direct materials pound hours $2000 per hour Variable manufacturing 15hours $100 per hour Direct labor 1.50 overhead Fixed manufacturing overhead Total standard cost per unit 1.5 hours $5.00 er hour 750 $55.00 Data concerning the most recent year is as follows Planning budget- units of product to be produced 2,000 Planning budget - direct labor hours (denominator level of actvity) 3,00 Budgeted variable manufacturing overhead $3,000 Data concerning the most recent year is as follows: Planning budget-units of product to be produced 2,000 Planning budget- direct labor hours (denominator level of activity)3,000 Budgeted variable manufacturing overhead Budgeted fixed manufacturing overhead $3,000 Actual number of units produced Actual direct labor-hours Actual variable overhead cost for the year Actual fixed overhead cost for the year $15,000 2,100 3,050 $2,800 $14,800 Compute Mustang Company's fixed OH budget variance for the year Multiple Choice Multiple Choice $200 F $200 U $950 U $950 F Compute Mustang Company's fixed OH volume variance for the year. Multiple Choice $1,125 U $1,125 F $750 U