Selected information relating to Yost Company's operations for the most recent year is given below: Activity: Denominator activity (machine-hours) 21,100 Standard hours allowed per unit 2.1 Number of units produced 9,000 Costs: Actual fixed overhead costs incurred $64,000 Fixed overhead budget variance $1,410 F The company applies overhead cost to products on the basis of standard machine-hours. Required:

1. What were the standard machine-hours allowed for the actual production? (Round "Standard machine-hours allowed per unit" to 1 decimal place.)

Number of units produced:

Standard machine hours allowed per unit:

Standard machine-hours:

2. What was the fixed portion of the predetermined overhead rate? (Round "Predetermined overhead rate" to 1 decimal place.)

Actual fixed overhead incurred:

add: Favorable budget variance:

budgeted fixed overhead cost:

denominator activity:

predetermined overhead rate:

3. What was the volume variance? (Indicate the effect of variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round "Fixed portion of the predetermined overhead rate" to 1 decimal place.)

fixed portion of the predtermined overhead rate:

denominator hours:

standard hours allowed:

volume variance: