Exercise 9A-4 (Algo) Fixed Overhead Variances [LO9-7] Selected operating information on three different companies for a recent year is given below: Full-capacity machine-hours Budgeted machine-hours Actual machine-hours Standard machine-hours allowed for actual production Company A B. 31,000 20,000 30,000 19,000 21,000 30,000 19,700 20,000 21,000 30,500 18,600 21,000 *Denominator activity for computing the predetermined overhead rate. Required: For each company, state whether the volume variance would be favorable or unfavorable. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)) Company A Company B Company C