$9 3 Standard variable overhead rate per hour Standard hours per application Standard hours allowed Standard fixed overhead rate per hour Actual fixed overhead cost Variable overhead budget based on standard hours allowed Fixed overhead budget Overhead controllable variance 4,980 $7 $35,630 $18,300 $35,630 $1,000 U (a) Determine the following. (1) Total actual overhead cost $ (2) Actual variable overhead cost $ $ (3) Variable overhead costs applied $ (4) Fixed overhead costs applied $ (5) Overhead volume variance $ Determine how many loans were processed. Number of loans processed loans