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The standard costs for Talk Too Much Inc., a company that makes cell phones, is as follows: Standard Cost per Unit Total Fixed overhead 9

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The standard costs for Talk Too Much Inc., a company that makes cell phones, is as follows: Standard Cost per Unit Total Fixed overhead 9 hours @ $10 per hour $ 90 Overhead is applied to products on the basis of standard direct labor hours for actual production. The following information is available regarding the company's operations for the period: Actual units produced Total actual direct labor hours Actual fixed manufacturing overhead incurred Budgeted fixed manufacturing overhead for the period Budgeted units for the period Required: 11,500 units 98,000 hours $1,100,000 $976,500 10,850 units Calculate the fixed overhead variances. NOTE: Please enter all variances as positive numbers. The amount of the fixed overhead spending variance for the period is $ A/ Indicate if the fixed overhead spending variance is favourable (enter the letter F) or unfavourable (enter the letters UF). A/ The amount of the fixed overhead volume variance for the period is $_ A/ Indicate if the fixed overhead volume variance is favourable (enter the letter F) or unfavourable (enter the letters UF)

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