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Rouse Recliners manufactures leather recliners and uses flexible budgeting and a standard cost system. Rouse alloca:es owenead based on yar (Click the icon to view the selected data.) Read the Requirement 1. Prepare a flexible budget based on the actual number of reciners sold. (Round budget amounts per unit to the nearest cent.) Now compute the variable overhead cost and efficiency variances. Select the required formulas, compute the variable overhead cost and efficiency va he nearest whole dolar. Abbreviations use