View Policies Current Attempt in Progress Waterway Company uses a standard cost system. Indirect costs were budgeted at $200,000 plus $13 per direct labour hour. The overhead rate is based on 10,000 hours. Actual results were: Standard direct labour hours allowed Actual direct labour hours Fixed overhead Variable overhead (a) 8,780 10,000 $189,300 $184,300 Calculate the fixed overhead production volume variance Fixed overhead production volume variance $ eTextbook and Media