Eagle's Nest Corporation has the following costs data on July 20xx: i. Standard overhead rates Fixed overhead rate Variable overhead rate Total ii. Actual overhead costs Fixed Variable Total iii. Standard hours iv. Actual hours P 6.00 4.00 P10.00 P2,500,000.00 1,600,000.00 P4,100,000.00 390,000 hours 380,000 hours v. Normal capacity 135,000 units or (135,000 units x 3 hours) = 405,000 hours Required: Analyze the manufacturing overhead variances using the 1. 2-way analysis 2. 3-way analysis 3. 4-way analysis 4. 5-way analysis