101 U PULIULUILL. 4. The following variance analysis table was prepared by Lola Hoffstead, account analyst for the Fundamental Corporation. All the calculations are correct, but Lola is not sure how to apply the overhead. Use the completed table to answer the following questions. Assume Fundamental management isolates variances as soon as possible and in as great a detail as possible in the standard costing system. Overhead Applied Actual Activity 5220# $1.397# = $7.250 Standard Input 5220# $1.57# = $7,830 Flexible Budget 250 units $30/unit =$7,500 Master Budget 200 units $30/unit = $6,000 DM N/A DL 3650 hr. $8.4/hr. = $30,660 3650 hr. $9/hr. =$32.850 250 units $135/unit = $33.750 200 Units $135/unit = $27,000 N/A VOH $11,050 3650 hr. $8/hour = $29.200 250 units $120/unit = $30,000 $24,000 FOH reusisha $15,500 NA STRO N/A $15,000 $15,000 (a) Fixed overhead applied: (b) Variable overhead applied: (c) Standard number of pounds of material used per unit produced: (d) Standard number of direct labor hours worked on each unit: Pan