Eathem Ware is a manufacturer of large flower pots for urban settings. The company has these standards E Cick te ion to view the standrds) mokthe contoview te actual msults.) Requirements 1. Compute the variable manudacturing overhead variances. What do each of these variances tell management? 2. Compute the fxed manufacturing overhead variances. What do each of these variances tell management? Requirement 1.Compute the variable manufacturing overhead variances. What do each of these variances tell management? (Enter the variances as positive numbers. Enber the currency amounts in the formulas to the nearest cent, then round the firal variance amounts to the nearest whole dollar. Label the vaniance as favorable (F) or unfavorable (U Cakalb Begin by computing the variable manufacturing overhead rate variance. First detenmine the fomula for the rate variance, then compute the rate variance for variable manufacturing overhead Variable overhead rate varianoe Now compute the variable manufacturing overhead efidiency varliance. First detemine the fomula for the efficiency variance, then compute the efficiency variance for Vaniable overhead What do each of these variances tell management? Choose trom any list or eeter any number in the input felds and then continue to the next question 5 6 8 K