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Holl Corporation has provided the following data for November 5,eee machine hours $60,000 Denominator level of activity Budgeted fixed manufacturing overhead costs Standard machine-hours allowed

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Holl Corporation has provided the following data for November 5,eee machine hours $60,000 Denominator level of activity Budgeted fixed manufacturing overhead costs Standard machine-hours allowed for the actual output Actual fixed manufacturing overhead costs 5,300 machine hours $59,000 Required: a. Compute the budget variance for November b. Compute the volume variance for November. indicate the effect of each variance by selecting " varlance). Input all amounts as positive values.) for favorable, "U" for unfavorable, and "None" for no effect (.e., zero Budget variance Volume variance

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