#20) - Based on the below information, prepare the Fixed Overhead Budget Variance and the Fixed Overhead Volume Variance:
Total Budget Fixed OH for month			$ 39,000	Budget
Total budgeted labor hrs
for the month (600 units @ 6.5 hrs/unit)			3,900	hrs
Predetermined FOH rate (POHR)			$ 10.00	per DL hr
Actual FOH for month			$ 40,000	Actual
Actual production for month			600	Units
Standard DL Hrs Allowed for
actual production for month
(600 units @ 7hrs/unit)			4,200	hrs
Applied FOH
(3,900 DL hrs x $10 DL hr)			$ 42,000	Applied