Flandro Company uses a standard cost system and sets its predetermined overhead rate on the basis of direct labor-hours. The following data are taken from the company's planning budget for the current year Denominator activity (direct labor-hours) Variable manufacturing overhead cost Fixed manufacturing overhead cost 5,800 25,600 $59,000 The standard cost card for the company's only product is given below Standard Cost Standard Quantity or Hours 3 yards 1 hour 12 per hour 1 hour16.80 per hour Standard Price or Rate -Inputs Direct materials Direct labor Manufacturing overhed Total standard cost per unit 4.40 per yard13.20 12.00 16.80 42.00 During the year, the company produced 6.000 units of product and incurred the following actual results: Materials purchased, 24,000 yards at $4.80 per yand Materials used in production (in yards) Direct labor cost incurred, 5,880 hours at $13 per hour Variable manufacturing overhead cost incurred Fixed manufacturing overhead cost incuered 115,20e 18,500 575,400 $ 29,588 60,408 Required 1, Create a new standard cost card that separates the variable manufactuing ovehead per unit and the fiwed manufacturing overhead per unit Direct labor cost incurred, 5,889 hours at $13 per hour Variable manufacturing overhead cost incurred Fixed manufacturing overhead cost incurred s 75,488 29,588 $ 68,488 Required: 1. Create a new standard cost card that separates the variable manufacturing overhead per unit and the fixed manufacturing overhead per unit 2. Compute the materials price and quantity varlances. Also, compute the labor rate and efficiency variances. 3. Compute the variable overhead rate and efficiency variances. Also, compute the fixed overhead budget and volume variances. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Create a new standard cost card that separates the varlable manufacturing overhead per unit and the fixed manufacturing overhead per unit. (Round your answers to 2 decimal places.) Direct materials Direct labor Vanable manuflacturing overhead Foxed manufacturing overhead Standard cost per unit yards at DLH DLH DLH per yard per DLH por DLH per DLH Required 2