Bulger company provided the following data: standard fixed overhead rate (sfor) $8 per direct labor hour actual fixed overhead costs $985,300 standard hours allowed per unit 6 hours actual production 20,000 units required: 1. calculate the standard hours allowed for actual production. hours 2. calculate the applied fixed overhead. $ 3. calculate the total fixed overhead variance. enter the amount as a positive number and select favorable or unfavorable. $

1. 120,000 hours

2. $960,000

3. $25,300 Unfavorable

Explanation:

1. The computation of the standard hours allowed for actual production is shown below:

= Actual production × Standard hours allowed per unit

= 20,000 units × 6 hours

= 120,000 hours

2. The computation of the applied fixed overhead is shown below:

= Standard hours allowed for actual production × Standard fixed overhead rate

= 120,000 hours × $8

= $960,000

3. The computation of the total fixed overhead variance is shown below:

=  Actual fixed overhead costs - Applied fixed overhead

= $985,300 - $960,000

= $25,300 Unfavorable

answer; the cpi;