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Fixed Overhead Budget and Volume Variance year, the company produced $6,960$ units of output, and actual fixed costs were $$510,000.$

Required

a$.$ Determine the standard fixed overhead rate used to assign fixed costs to inventory.

$ per direct labor hour

b$.$ Determine the amount of fixed overhead assigned to inventory during the year.

c$.$ Determine the fixed overhead budget variance.

Note: Do not use a negative sign with your answer.