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URGENT!! The following standard costs were used for one of its products: Standard Cost per Unit Total Fixed overhead 9 hours @ $13 per hour

URGENT!!

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The following standard costs were used for one of its products: Standard Cost per Unit Total Fixed overhead 9 hours @ $13 per hour $ 117 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: 1,200 units 8,500 hours $110,000 $122,850 1,050 units Calculate the fixed overhead variances. Use your answer to answer the following questions. 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). The amount of the fixed overhead volume variance for the period is $ Indicate if the fixed overhead volume variance is favourable (enter the letter F) or unfavourable (enter the letters UF)

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