Overhead information for Cran-Mar Company for October follows:

Total factory overhead cost incurred $ 31,000

Budgeted fixed factory overhead cost $ 7,135 Total standard overhead rate per machine hour (MH) $ 5.00

Standard variable factory overhead rate per MH $ 4.00

Standard MHs allowed for the units manufactured 4,600

Required: 1. What is the standard fixed factory overhead rate per machine hour (MH)? 2. What is the denominator activity level that was used to establish the fixed factory overhead application rate? 3. Two-way analysis (breakdown) of the total factory overhead cost varlance: calculate the following factory overhead cost varlances for October and indicate whether each varlance is favorable (F) or unfavorable (U). a. Total flexible-budget varlance. b. Production volume variance. c. Total overhead cost varlance. 4. Calculate the production volume varlance and Indicate whether the varlance is favorable (F) or unfavorable (U). 1. What is the standard fixed factory overhead rate per machine hour (MH)