Clicker Question Preparation Guide: Ch. 11 Clicker questions will be asked in class based on your completion of this preparation guide. Example in class question: "What is the answer to Question 1) a?" You will not have time to complete this guide in class! 1. Pane Corp. manufactures and sells a nutrition drink for children. It wants to develop a standard cost per gallon. The following are required for production of one gallon: Standard Waste Standard Price Ingredient Lime Kool-Drink Sugar Protein Tablets Water Amount per Gallon 24.0 oz. 72 lb 2 50 oz. 4% 10% 0% 0% $0.15 per oz $0.65 per Ib sO.40 per tablet 50.01 per oz Compute the standard usage (quantity) and standard cost of the ingredients for one gallon of the nutrition drink. Dawson's Designs has a predetermined overhead rate of $8 per labor hour, which was determined by dividing budgeted overhead costs of $240,000 by an estimated 30,000 direct labor hours for the year. Dawson's actual overhead for April was $10,200 variable and $5,400 fixed, and the standard hours allowed for the product produced in April was 2,000 hours. 2. Calculate the total overhead variance for April