Selected information relating to Yost Company's operations for the most recent year is given below:Activity:Denominator activity (machine-hours)21,200Standard hours allowed per unit2.2Number of units produced9,500Costs:Actual fixed overhead costs incurred$65,000Fixed overhead budget variance$2,840F The company applies overhead cost to products on the basis of standard machine-hours.Required:1.What were the standard machine-hours allowed for the actual production? (Round "Standard machine-hours allowed per unit" to 1 decimal place.)2.What was the fixed portion of the predetermined overhead rate? (Round "Predetermined overhead rate" to 1 decimal place.)3.What was the volume variance? (Indicate the effect of variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round "Fixed portion of the predetermined overhead rate" to 1 decimal place.)