QUESTION 21 Harris Company has developed the following standards for one of its products. Direct labor hours is the driver use assign overhead costs to products. Direct materials: 10 pounds * $3 per pound Direct labor 2.5 hours * $8 per hour Variable manufacturing overhead: 2.5 hours * $2 per hour The following activity occurred during the month of June: Materials purchased: 125,000 pounds for $325,000 Materials used: 110,000 pounds Units produced: 10,000 units Direct labor: $180,000 for 24,000 din Actual variable manufacturing overhead: $51,000 Actual Fixed manufacturing overhead: $132,000 Budgeted Fixed Manufacturing Overhead was $138,000 with a Fixed Manufacturing Overhead rate of $6 per hour. Using a 4-way analysis of Overhead variances, what is the Fixed Overhead Budget/Spending variance? Be sure to show ALL your work with formulas in English or abbreviations, if needed, to receive full credit for a correct answer. Save Al Answers Close Windo Click Save and Submit to save and submit. Click Save All Answers to save all answers