QUESTION 14 Fletcher Company collected the following data regarding production of one of its products. Compute the fixed overhead variance. Direct labor standard (2 hours @ $12.90/hour) $ 25.80 per finished unit Actual direct labor hours 85,500 hours Budgeted units 44,000 units Actual finished units produced 42,000 units Standard variable OH rate (2 hours @ $17.00/hour) $ 34.00 per finished unit Standard fixed OH rate ($373,500/45,000 units) $ 8.30 Actual cost of variable overhead costs incurred $ 1,421,000 Actual cost of fixed overhead costs incurred $ 376,000 O $24,000 favorable. $17,000 unfavorable. $27,400 unfavorable. $27,400 favorable. $24,000 unfavorable. per unit QUESTION 19 Georgia, Incorporated has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (4 pounds @ $1/pound) $ 4 per finished unit Total direct materials cost variance unfavorable $ 13,750 Actual direct materials used 150,000 pounds Actual finished units produced 30,000 units O $16,250 unfavorable. 0 $16,250 favorable. O $30,000 unfavorable. O $33,000 favorable. O $13,750 unfavorable