Primara Corporation applies overhead to products based on the standard direct labor$-$hours allowed for the actual output. Data concerning the most recent year appear below:

Total budgeted fixed overhead cost for the year $ $439,900$

Actual fixed overhead cost for the year $ $431,000$

Budgeted direct labor$-$hours $($denominator level of activity$)53,000$

Actual direct labor$-$hours $54,000$

Standard direct labor$-$hours allowed for the actual output $51,000$

Required:

Compute the fixed portion of the predetermined overhead rate for the year.

Note: Round Fixed portion of the predetermined overhead rate to $2$ decimal places.

Compute the fixed overhead budget variance and volume variance.

Note: Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance.$).$ Input all amounts as positive values.