Hey! Based on the attached information, answer the following questions:

$1.$ What were the standard hours allowed for the year$$s production?

$2.$ What was the amount of budgeted fixed overhead cost?

$3.$ What was the fixed overhead budget variance? Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.

$4.$ What denominator activity level did the company use in setting the predetermined overhead rate?