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hi, both images are from the same question. I will need the explanation step by step. thank you! Menu gnments The following information relates to

hi, both images are from the same question. I will need the explanation step by step. thank you! image text in transcribed
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Menu gnments The following information relates to Brook, Inc.'s overhead costs for the month m Click the icon to view the information) Requirements 1. Compute the overhead variances for the month: variable overhead cost variance, variable overhead efficiency variance fixed overhead cost variance, and feed overhead volume variance 2. Explain why the variances are favorable or unfavorable tomework a Quis/Test Requirement 1. Compute the overhead various for the month variable overhead cost variance, variable overhead officiency variance, food overhead cost variance and food overhead volume variance Begin by selecting the formula nooded to compute the variable overhead (VOH) and fed overhead (FOH) vanandes, and then compute each variance amount (Actual cost Standard Cost) Actual Tours VOH costvare (Acuw hours - Standard hours allowed) Standard cost VOH oficiorcy Vanco Adual overhead - Budgeted overhead - FOH Cost Variance Budgeted overhead - Allocated overhead - FOH volume varianos Enter any number in the edit fields and then click Check Answer - X Data Table $ 8,000 Static budget variable overhead Static budget fixed overhead Static budget direct labor hours $ 3,200 1,600 hours Static budget number of units 4,000 units Brook allocates manufacturing overhead to production based on standard direct labor hours. Last month, Brook reported the following actual results: actual variable overhead, $10,500; actual fixed overhead, $2,800; actual production of 6,800 units at 0.50 direct labor hours per unit. The standard direct labor time is 0.4 direct labor hours per unit (1,600 static direct labor hours / 4,000 static units)

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