Radon Corporation manufactured 33,000 horse grooming kits during March. The company uses machine time to allocate fixed manufacturing overhead costs. The following fixed overhead data is for March:

	Actual	static budget
Production	33,000 units	30,000 units
machine hours	6,600 hours	6000 hours
Fixed overhead costs for March	$153,000	$144,000

Required

1. What is the production volume variance of fixed overhead costs?

2. What is the fixed overhead variance? 

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