Rich Company, which uses a standard cost system, budgeted $800,000 of fixed overhead when 50,000 machine hours were anticipated. Other data for the period were: Actual units produced:10,600 Actual machine hours worked:51,800 Actual variable overhead incurred:$ 475,000 Actual fixed overhead incurred: $ 790,100 Standard variable overhead rate per machine hour: $8.50 Standard production time per unit: 5 hours Question A What is Rich's variable overhead efficiency? Question B What is Rich's fixed overhead budget variance? I think I am getting lost in the Math My answers are: A- $10,200 Fav B- $ 9,900 Unfav Could you please work out so I know where I went wrong? Thanks