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Overhead information for Cran-Mar Company for October follows: TotalfactoryoverheadcostincurredBudgetedfixedfactoryoverheadcostTotalstandardoverheadratepermachinehour(MH)StandardvariablefactoryoverheadrateperMHStandardMHsallowedfortheunitsmanufactured$16,700$4,902$4.95$3.504,850 What is the standard fixed factory overhead rate per machine hour (MH)? (Round your answer to

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Overhead information for Cran-Mar Company for October follows: TotalfactoryoverheadcostincurredBudgetedfixedfactoryoverheadcostTotalstandardoverheadratepermachinehour(MH)StandardvariablefactoryoverheadrateperMHStandardMHsallowedfortheunitsmanufactured$16,700$4,902$4.95$3.504,850 What is the standard fixed factory overhead rate per machine hour (MH)? (Round your answer to 2 decimal places.) Standard fixed factory overhead rate per MH What is the denominator activity level that was used to establish the fixed factory overhead application rate? (Round your answer to the nearest whole number.) Two-way analysis (breakdown) of the total factory overhead cost variance: calculate the following factory overhead cost variances for October and indicate whether each variance is favorable (F) or unfavorable (U). Calculate the production volume variance and indicate whether the variance is favorable (F) or unfavorable (U). Production volume variance

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