Presented here are the original overhead budget and the actual costs incurred during April for Piccolo, Inc. Piccolos managers relate overhead to direct labor hours for planning, control, and product costing purposes. The original budget is based on budgeted production of 15,600 units in 5,200 standard direct labor hours. Actual production of 16,800 units required 6,200 actual direct labor hours.

	Original Budget				Actual Costs
Variable overhead		$	18,720			$	21,320
Fixed overhead			34,320				35,420

A. Calculate the flexed budget allowances for variable and fixed overhead for April.

Variable Flexed Budget =

Fixed Flex Budget=

B. Calculate the fixed overhead budget and volume variances for April. (Round your intermediate calculations to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.)

Fixed Overhead Budget Variance =

Fixed Overhead Volume Variance =

C. Calculate the over- or underapplied fixed overhead for April.

Over or underapplied fixed Overhead =