dute HS permanenter on www anchester Are B. Direct Det www The Man Fred Out To Cool Goods Requirement 2. Complete cose and the new fremtider. For manga.com the verbliewed code and und ad volume and Red the door is and the monetation Data Table - he Static Budget Actual Results (1,000 recliners) (980 recliners) $ 500,000 $ 485,100 52,200 52,216 115,000 Sales (1.000 recliners x $500 each) (980 recliners x $495 each) Variable Manufacturing Costs: Direct Materials (6,000 yds @ $8.70/yd.) (6,143 yds. @ $8.50 / yd.) Direct Labor (10,000 DLHr @ $11.50 / DLHr) (9,600 DLHr @ $11.70 / DLHr) Variable Overhead (6,000 yds. @ $5.00/yd.) (6.143 yds. @ $6.40/yd.) Fixed Manufacturing Costs: Fixed Overhead Total Cost of Goods Sold 112,320 30,000 39,315 60,000 62,000 257,200 265,851 $ 242,800 $ 219,249 Gross Profit Print Done Verhead effid llar put fields and then continue to the next question. . per - Requirements 1. 2. Prepare a flexible budget based on the actual number of recliners sold. Compute the cost variance and the efficiency variance for direct materials and for direct labor. For manufacturing overhead, compute the variable overhead cost, variable overhead efficiency, fixed overhead cost, and fixed overhead volume variances. Round to the nearest dollar. Have Stenback's managers done a good job or a poor job controlling materials, labor, and overhead costs? Why? Describe how Stenback's managers can benefit from the standard costing system. 3. 4. Print Done