Elegance is a manufacturer of large flower pots for urban settings. The company has these standards EE (click the icon to view the standards ) (Click the icon to view the actual results.) Requirements 1. Compute the variable manufacturing overhead variances. What do each of these variances tell management? 2. Compute the fixed manufacturing overhead variances. What do each of these variances tell management? Requirement 1. Compute the variable manuf nearest cent, then round the final variance amounts to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U)) Begin by computing the variable manufacturing overhead rate variance. First determine the formula for the rate variance, then compute Variable overhead rate variance x ( x ( Now compute the variable manufacturing overhead efficiency variance. First determine the formula for the efficiency variance, then com Variable overhead efficiency variance Choose from any ist or enter any number in the input felds and then continue to the next question 0 Type here to search