The managerial accountant at Space Right Office Cubicles calculates fixed overhead variances to complete the August report. The actual fixed overhead cost in the month of August was $53,900 and the budgeted fixed overhead cost was $55,300. The standard hours in August were 2,600 and the standard rate per machine-hour was $21. Calculate the standard fixed overhead cost allocated to production, the fixed overhead budget variance, and the fixed overhead volume variance. A. $51,300; $700 F: $1,400 U B. $53,900; $2,633 F: $1,400 U C. $55,300; $2,100 F: $700 U OD. $54,600; $1,400 F: $700 U