CH 8 HW Question 3, EM8-20 (similar to) Part 1 of 6 HW Score: 40%, 4 of 10 points Points: 0 of 2 Save Superior Fender uses a standard cost system and provide the following information: (Click the icon to view the information.) Superior Fender allocates manufacturing overhead to production based on standard direct labor hours. Superior Fender reported the following actual results for 2024: actual number of fenders produced, 20,000; actual variable overhead, $5,300; actual fixed overhead, $31,000; actual direct labor hours, 400. Read the requirements. Data table Requirement 1. variance, and fix Begin with the va identify whether actual cost; AQ= VOH cost varia VOH efficiency Static budget variable overhead Static budget fixed overhead Static budget direct labor hours Static budget number of units Standard direct labor hours $2,268 $30,240 756 hours 27,000 units 0.028 hours per fender Print Done - e overhead efficiency variance, fixed overhead cost e variable overhead cost and efficiency variances, and based on the data provided. Abbreviations used: AC = OH variable overhead.)