The loan department of Sweet Acacia Bank uses standard costs to determine the overhead cost of processing loan applications. During the current month, a fire occurred, and the accounting records for the department were mostly destroyed. The following data were salvaged from the ashes: Standard variable overhead rate per hour $9 Standard hours per application 3 Standard hours allowed 3,000 Standard fixed overhead rate per hour $6 Actual fixed overhead cost $19,800 Variable overhead budget based on standard hours allowed $27,000 Fixed overhead budget $19,800 Overhead budget variance $1,500 Unfavourable Determine the following: 1. Total actual overhead cost Total actual overhead cost $ 45,3002. Actual variable overhead cost Actual variable overhead cost $ 27,000 3. Variable overhead cost applied Variable overhead cost applied $ 27,000 4. Fixed overhead cost applied Fixed overhead cost applied $ 18,300 5. Overhead volume variance Overhead volume variance $ 0 Favourable v