Question: Ross Company provided the following data: Standard fixed overhead rate (SFOR) .....$ 5 per direct labor hour Actual fixed overhead costs .........$ 281,680 Standard hours

Ross Company provided the following data:
Standard fixed overhead rate (SFOR) .....$ 5 per direct labor hour
Actual fixed overhead costs .........$ 281,680
Standard hours allowed per unit ........4 hours
Actual production .............14,000 units
Required:
1. Calculate the standard hours allowed for actual production.
2. Calculate the applied fixed overhead. 3. Calculate the total fixed overhead variance.

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