Synergix Technologies Has Been Working on the Company's Year-End Variance

Essay

Synergix Technologies has been working on the company's year-end variance analysis.
Budgeted fixed-MOH costs were $153,000 for the planned 12,000 tablets to be produced. Per the standard cost sheets, fixed-MOH was applied based on DL hours and every unit required 3 DL hours. Actual fixed-MOH costs totaled $158,000 for the year corresponding to 12,400 tablets being produced. Calculate the Fixed-MOH Price Variance and Fixed-MOH Volume Variance for Synergix Technologies.