business part of Bebo brand- xContent .com/en/takeAssignment/takeAssignmentMain.doinvoker BitskeAssignmentSessionLocator word. Ex Utomik Games Booking.com Sc. Assume that the standard hours allowed for the actual total output of the fabric plant are 115,000, Calculate the following variances (round to whole dollar): Enter all amounts as positive numbers. Fixed overhead spending variance 25,000 Eavorable Fixed overhead volume variance 25,000 Unfavorable Variable overhead spending variance 15,000 15,000 Lavorable Unfavorable Vanable overhead efficiency variance 6. Suppose that the fabric plant has 500 bolts of FB70 in beginning finished goods eventory. The current-year plan is to have 1,000 bolts of FB70 in finished goods inventory at the end of the year. This fabric has an external market price of $400 per bolt. If the fabric plant is set up as a profit center, it could sell 3,000 bolts per year to outside customers and supply 2,000 bolts per year internally to Beauville's furniture plant. If the fabric plant were designated as a profit center, the plant would transfer all goods internally at market price. Using the proposed standard cost sheet (as needed) and any other relevant data, prepare the following for Fabric FB70 Sales budget & Production budget Direct labor budget PDF suite d. Cost of goods sold budget 7. Calculate the following overhead rates for the furniture plant: (1) plantwide rate and (2) departmental rates. Use the direct method departments. Round your answers to two decimal places. Rate IMPORTANT SOFTW Your PDF Suite upgra Email M ACTIVATE