Required information 30s Knowledge Check 02 Fiesta Inc. calculates a fixed manufacturing overhead rate based on a budgeted fixed manufacturing overhead of $270,000 and 90,000 units. During the month of September, the company actually produced 100,000 units and incurred actual fixed manufacturing overhead cost of $315,000. Calculate the fixed overhead volume variance. $25,000 unfavorable O $30,000 unfavorable O $30,000 favorable O $25,000 favorable Knowledge Check 03 Creek Co. calculated its fixed overhead spending variance to be $30,000, unfavorable. Its fixed overhead volume variance amounted to $27,000, favorable. Calculate the amount of over- or underapplied fixed manufacturing overhead. O $3,000 underapplied $3,000 overapplied O $57,000 overapplied $57,000 underapplied