The predetermined overhead rate for Concord Corporation is $4, comprised of a variable overhead rate of $2 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $120000 was divided by normal capacity of 30000 direct labor hours. to arrive at the predetermined overhead rate of $4. Actual overhead for June was $9200 variable and $7000 fixed, and standard hours allowed for the product produced in June was 3400 hours. The total overhead variance is $200F. $200U. $2600U. $2600F