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

		Standard Cost Card
Direct materials (5.80 kg at $3.20 per kilogram)		$18.56
Direct labour (0.50 hours at $4.00)		2.00
Variable overhead (0.50 hours at $3.20 per hour)		1.60
Fixed overhead (0.50 hours at $7.00 per hour)		3.50
		$25.66

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		$369,344		$5,913	F					$9,088	U
Direct labour		39,800		2,835	U					5,560	U
Variable overhead		31,840					$1,170	F		?
Fixed overhead		69,650					410	F					$13,650	U

(f) Your Answer Correct Answer Your answer is correct. What was the actual variable overhead cost incurred during the period? Actual variable overhead $ 35118 e Textbook and Media Solution Attempts: 3 of 3 used Using multiple attempts has impacted your score. 10% score reduction after attempt 2 (g) What is the total fixed overhead cost in the company's master budget? Budgeted fixed cost $