Rand Company:

Units actually produced 76,000

Actual Direct Labor Hours worked 160,000

Actual variable overhead incurred $500,000

Actual fixed overhead incurred 384,000

Based on monthly normal volume of 100,000 units (200,000 direct labor hours), Rands standars cost system contained the following overhead costs:

Varuable $6 per unit

Fixed 4 per unit

The fixed overhead budget was?

A. 8,000 U

B. 8,000 F

C. 16,000 U

D. 16,0000 F

The unfavorable varianble overhead spending variance was

A. 12,000

B.20,000

C. 24,000

D 44,000

The fixed overhead volume variance was

A. 96,000 U

B. 96,000 F

C. 80,000 U

D. 80,000 F