The Roti Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct$-$cost categories:

direct materials and direct manufacturing labor. The Roti Bread Company allocates fixed manufacturing overhead to products on

the basis of standard direct manufacturing labor$-$hours. For $2020,$ fixed manufacturing overhead was budgeted at $$3\mathrm{.}00$ per direct

manufacturing labor$-$hour. Actual fixed manufacturing overhead incurred during the year was $$288,000.$

Requirement $1.$ Prepare a variance analysis of fixed manufacturing overhead cost.

Begin by completing the table below for the fixed manufacturing overhead that will be used to calculate the variances.

The following is some budget data for the Roti Bread Company for $2020$ and additional infomation for the year ended

Decmeber $31,2020$:

$($Click the icon to view the budget data.$)$

$($Click the icon to view the additional data.$)$

Read the requirements.