2. 23 points) Everjoice Company makes clocks. The fixed annual budget overhead costs for 2018 total s720,000. 1 be company uses direct labor-hours for fixed overhead allocation and anticipates 240,000 hours during the An equal number of units are budgeted for each month. year for 480,000 units. e points) Determine the annual fixed: (Show your work immediately to the right of responses to earn points) .Quantity of driver per clock: .Overhead rate per driver: . Fixed cost per unit: (10 points) During June 2018, 43,000 clocks were produced and $63,000 were spent on fixed overhead. Compute the respective fixed manufacturing overhead variance(s). Show your work, neatly! Circle: F UF Variance name o Variance name: Variance amount: Variance amount: Circle: F UF (12 points) Capture the respective variance(s) with journal entries and close to cost of goods sold