Prevlar's budget for varlable overhead and fixed overhead revealed the following Information for an anticipated 41,100 hours of activity: variable overhead, $402,780; fixed overhead, $627,500. The company actually worked 44,100 hours and actual overhead incurred was: variable, $412,500; fixed, $630,000. Required: A. Compute the company's total cost varlance for variable overhead and fixed overhead If the firm uses a static budget to help assess performance. B. Compute the company's total cost varlance for variable overhead and fixed overhead if the firm uses a static budget to help assess performance. Assuming the use of a flexible budget. C. Which of the two budgets (static or flexible) is preferred for performance evaluations? A. Actual B. Flexible budget c. Preferred for performance evaluations