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Information on Grixdale Partner's fixed overhead costs follows: Overhead applied $ 1, 228, 209 Actual overhead 1, 153, 800 Budgeted overhead 1, 208, 900 Required:

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Information on Grixdale Partner's fixed overhead costs follows: Overhead applied $ 1, 228, 209 Actual overhead 1, 153, 800 Budgeted overhead 1, 208, 900 Required: What are the fixed overhead price and production volume variances? Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there Is no effect, do not select either option. Fixed overhead price variance Fixed overhead production volume variance

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