Walkenhorst Companys machining department prepared its 2016 budget based on the following data:

Practical capacity		40,000	units
Machine hours per unit		2.00
Variable factory overhead		$3.00	per machine hour
Fixed factory overhead		$432,000

The department uses machine hours to apply factory overhead. In 2016, the department used 85,900 machine hours and $699,000 in total manufacturing overhead to manufacture 42,080 units. Actual fixed overhead for the year was $448,000.

a. Determine for the year the following:

Variable overhead application rate __________

Fixed overhead application rate __________

Total factory overhead application rate ______

Flexible budget overhead cost based on output achieved in 2016. ______

	The fixed overhead production volume variance ____________ The total overhead spending variance _____________ The overhead efficiency variance _____________ The variable overhead spending variance ___________ The fixed overhead spending variance ____________