The predetermined overhead rate for Sheridan Company is $4, comprised of a variable overhead rate of $2 and a fixed rate of $2. The amount of budseted 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 $9400 variable and $7500 fixed, and standard hours allowed for the product produced in June was 3400 hours. The total overhead variance is $3300F. 5700 $700F. $3300U