Primara Corporation has a standard cost system in which it applies overhead to products based on the standard direct labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below:

Total budgeted fixed overhead cost for the year	$420,000
Actual fixed overhead cost for the year	$415,000
Budgeted standard direct labor-hours (denominator level of activity)	60,000
Actual direct labor-hours	61,000
Standard direct labor-hours allowed for the actual output	58,000

1. compute the fixed portion of the predetermined overhead rate for the year:

A.Fixed Overhead

B.Denominator level of activity

C. Fixed Portion of the predetermine overhead rate

2.Compute the fixed overhead budget variance and volume variance:

A.Actual fixed overhead cost for the year

B. Budgeted fixed overhead cost

C.Budget variance

D. Fixed portion of the predetermined overhead rate

E. Denominator hours

F. Standard hours allowed

G. Volume variance