You have been given the following information about the production of Waterway Co, and are asked to provide the factory manager with information for a meeting with the vice-president of operations: Standard Cost Card $18.56 3.52 Direct materials (5.80 kg at $3.20 per kilogram) Direct labour (0.80 hours at $4.40) Variable overhead (0.80 hours at $3.20 per hour) Fixed overhead (0.80 hours at $7.00 per hour) 2.56 5.60 $30.24 The following is a production report for the most recent period of operations: Total Standard Cost $397.184 Variances Spending/ Quantity/ Budget Efficiency $9.472 Price/Rate Volume $6,354 F Costs Direct materials Direct labour Variable overhead Fixed overhead 75,328 3,702 U 6,116 U 54,784 $1,250 F 2 119,840 480 F $14.000 What is the total fixed overhead cost in the company's master budget? Budgeted fixed cost TA $