Holl Corporation has provided the following data for November.

Denominator level of activity		5,400	machine-hours
Budgeted fixed manufacturing overhead costs	$	66,960
Standard machine-hours allowed for the actual output		5,700	machine-hours
Actual fixed manufacturing overhead costs	$	65,880

Required:

a. Compute the budget variance for November.

b. Compute the volume variance for November.

(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.)

a. Budget variance b. Volume variance