complete HW Score: 35.51 P13-68 (book/static) BO The Munchen Company uses a standard cost system. The month's data regarding its single product foliow where is the symbol for the euro, the currency of most countries of the European Union (Click the icon to view the data) Requirement Prepare an analysis of all variances. (Label each variance as favorable (F) or unfavorable (U).) Begin by analyzing direct labor Costs incurred: Actual Inputs Achal Prices Predicted Overhead Based on Actual Driver Use Standard Prices C Flexible Budget Standard Driver Use Alowed for Achal Output Achieved Standard Prices Direct labor Pricevance Usage variance Flexible-budget variance his data regarding its single product follow (where is the symbol for the euro, the currency avorable (F) or unfavorable (US) More Info B Bicted on ased on a Driver Us Standard P Fixed-overhead costs incurred, 6,300 Variable overhead applied at 11 per hour Standard direct-labor cost, 44 per hour Denominator production per month, 220 units Standard direct-labor hours per finished unit, 5 Direct-labor costs incurred, 1,000 hours, 42,500 Variable-overhead costs incurred, 10,400 Fixed-overhead flexible-budget variance, 300, favorable Finished units produced, 180 xible-budget Print Done put fields, then click Check Answer. Clear All 3