You have been given the following information about the production of Wildhorse 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 (5.40 kg at $3.20 per kilogram)		$17.28
Direct labour (0.50 hours at $4.30)		2.15
Variable overhead (0.50 hours at $3.20 per hour)		1.60
Fixed overhead (0.50 hours at $6.00 per hour)		3.00
		$24.03

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		$328,320		$5,272	F					$9,088	U
Direct labour		40,850		2,725	U					6,020	U
Variable overhead		30,400					$1,060	F		?
Fixed overhead		57,000					410	F					$11,580	U

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

Actual variable overhead

$enter the actual variable overhead in dollars

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

Budgeted fixed cost

$enter the budgeted fixed cost in dollars

What were the master budget hours for fixed overhead?

Master budget hours

enter a number of master budget hours

hours