Saved 1 Exercise 16-42 (Static) Fixed Cost Variances (LO 16-6) 3 Information on Carney Company's fixed overhead costs follows: Sipped Overhead upplied Actual overhead Budgeted overhead $360,000 385,500 369,000 eBook Beterences Required: Overhead applied means the amount that should have been budgeted given the production volume. What are the fixed overhead price (budget) and production volume (volume) variances? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Fored overhead price variance Fored overhead production volume variance Ac Graw Hill Prey 1 of 4 !!! Next > Se here to search O Saved 1 Exercise 16-42 (Static) Fixed Cost Variances (LO 16-6) 3 Information on Carney Company's fixed overhead costs follows: Sipped Overhead upplied Actual overhead Budgeted overhead $360,000 385,500 369,000 eBook Beterences Required: Overhead applied means the amount that should have been budgeted given the production volume. What are the fixed overhead price (budget) and production volume (volume) variances? (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Fored overhead price variance Fored overhead production volume variance Ac Graw Hill Prey 1 of 4 !!! Next > Se here to search O