Lihue, Inc., applies fixed overhead at the rate of $4.20 per unit. Budgeted fixed overhead was $1,457,820. This month 342,100 units were produced, and actual overhead was $1,450,000.

• Required A

What are the fixed overhead price and production volume variances for Lihue? (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

• Required B: What was budgeted production for the month?

Budgeted production

units