You have been given the following information about the production of Gamma Co., and are asked to provide the plant manager with information for a meeting with the vice-president of operations:

		Standard Cost Card
Direct materials (5.60 kg at $3.20 per kilogram)		$17.92
Direct labour (0.80 hours at $4.50)		3.60
Variable overhead (0.80 hours at $3.20 per hour)		2.56
Fixed overhead (0.80 hours at $7 per hour)		5.60
		$29.68

The following is a production report for the most recent period of operations:

Variances

Costs

Total Standard Cost

Price/ Rate

Spending/ Budget

Quantity/ Efficiency

Volume

Direct materials

$378,112

$6,057

F

$9,536

U

Direct labour

75,960

4,560

U

6,120

U

Variable overhead

54,016

$1,050

F

?

Fixed overhead

118,160

470

F

$13,510

U

Number of units produced 21100

Raw materials purchased 121140 kilograms

Actual cost per kilogram$ 3.15/kg

Actual direct labour hours 18240 hours Actual rate 4.75/hr

A)What was the actual variable overhead cost incurred during the period?

B)What is the total fixed overhead cost in the companys master budget?

C)What were the master budget hours for fixed overhead?