SB $($Static$)$ Patel and Sons $...$ Skip to question $[$The following

information applies to the questions displayed below.$]$ Patel and

Sons Incorporated uses a standard cost system to apply factory

overhead costs to units produced. Practical capacity for the plant

is defined as $50,000$ machine hours per year, which represents

$25,000$ units of output. Annual budgeted fixed factory overhead

costs are $$250,000$ and the budgeted variable factory overhead cost

rate is $$4$ per unit. Factory overhead costs are applied on the

basis of standard machine hours allowed for units produced.

Budgeted and actual output for the year was $20,000$ units, which

took $41,000$ machine hours. Actual fixed factory overhead costs for

the year amounted to $$245,000,$ while the actual variable overhead

cost per unit was $$3\mathrm{.}90.$Brief Exercise $15-21($Static$)$ Calculate and label the following

factory overhead... $[$LO $15-2]$ Based on the information provided

above, calculate the following factory overhead variances for the

year. Indicate whether each variance is favorable $($F$)$ or

unfavorable $($U$).($Do not round intermediate calculations. Round

your answers to the nearest whole dollar amount.$)$a$.$ Total overhead varianceb. Total Flexible$-$budget variancec. Production volume variance