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Kubla Corporation has provided the following data for November. Denominator level of activity 5,800 machine-hours Budgeted fixed manufacturing overhead costs $68,750 Standard machine-hours allowed for

Kubla Corporation has provided the following data for November. Denominator level of activity 5,800 machine-hours Budgeted fixed manufacturing overhead costs $68,750 Standard machine-hours allowed for the actual output 5,500 machine-hours Actual fixed manufacturing overhead costs $66,750 Required: show your work 10 points 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.)

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