The expected activity of the paper-making plant of Goldberg Paper Company was 45,000 machine hours per month. Practical capacity was 60,000 machine hours per month. The standard machine hours allowed for the actual output achieved in January were 54,000.
The budgeted fixed-factory-overhead items were as follows:

Because of unanticipated scheduling difficulties and the need for more indirect labour, the actual fixed factory overhead was €747,000.
1. Using practical capacity as the base for applying fixed factory overhead, prepare a summary analysis of fixed-overhead variances for January.
2 .Using expected activity as the base for applying fixed factory overhead, prepare a summary analysis of fixed-overhead variances for January.
3 .Explain why some of your variances in numbers 1 and 2 are the same and why some differ.

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Depreciation, equipment Depreciation, factory building Supervision Indirect labour Insurance Property taxes Total €340,000 64,000 47,000 234,000 18,000 17,000 €720,000