Question: The following standard cost per unit is given: Fixed overhead (4 machine hours at $10) $40 Variable overhead (4 machine hours at $8) $32 The

The following standard cost per unit is given: Fixed overhead (4 machine hours at $10) $40 Variable overhead (4 machine hours at $8) $32 The standards were set based on a capacity of 20 000 machine hours. During the year, 5100 units were produced. Fixed overhead $ 208,731 Variable overhead $ 165,750 What the fixed overhead budget variance? ****Consider that negative number means Favourable variance and positive number means Unfavourable variance.****

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