Fixed Overhead Variances?? any help is appreciated?

Question

Standard cost card for single product manufactured by Prince Co. is given below:

Standard Cost Card-Per Unit

Direct materials, 3.5 feet at $4 per foot: $14.00

Direct labor, 0.8 DLHs at $18 per DLH: $14.40

Variable overhead, 0.8 DLHs at $2.50 per DLH: $2.00

Fixed overhead, 0.8 DLHs at $6 per DLH: $4.80

Total standard cost per unit: $35.20

Last year, the co. produced 10,000 units of product & worked 8,200 actual DLHs. Manufacturing overhead cost is applied to production on the basis of DLHs selected data relating to the company's fixed manufacturing overhead cost for the year are shown below:

--Actual Fixed Overhead Cost: $45,600

--Budgeted Fixed Overhead Cost: ?

--Fixed Overhead Cost Applied to WIP: ? hrs x $6 per hr=$?

--Budget variance: $? Volume variance,$3,000 F

Q1: standard hrs allowed for the year's production? in DLHs

Q2: amount of budgeted fixed overhead cost for the year?

Q3: budget variance for the year? favorable?

Q4: Denominator activity level used in setting POR for yr?

Answer 1

Q1 = 8,200

Q2 = (8,200 x 4.8) - 3,000 = 36,360

Q3 = (8,200 x 4.8) - 45,600 = -6,240 UF

Q4, never heard of this terminology