Direct manufacturing labor use 0.02 hours per baguette Variable manufacturing overhead $10.00 per direct manufacturing labor-hour Planned(budgeted)outputActualproductionDirectmanufacturinglabor3,400,000baguettes3,000,000baguettes54,100hours Actual variable manufacturing overhead $719,530 1. Prepare a variance analysis of fixed manufacturing overhead cost. 2. Is fixed overhead underallocated or overallocated? By what amount? 3. Comment on your results. Discuss the variances and explain what may be driving them