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Primara Corporation has a standard cost system in which it applies overheod to products based on the standard direct labor-hours allowed for the actual output

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Primara Corporation has a standard cost system in which it applies overheod to products based on the standard direct labor-hours allowed for the actual output of the period. Dato concerning the most recent year appear below. A. =2010 wis 1. Compute the fixed portion of the predetermined overhead rate for the year, (Round Fixed portion of the predetermined overhea rate to 2 decimat places.) 2. Compute the fixed overhead budget variance and volume variance, (Indicate the effect of each variance by selecting "F" for avorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.)

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