I just need number 3

r the work you have completed so far. It does not indicat Norwall Company's budgeted variable manufacturing overhead cost is $1.05 per machine-hour and its budgeted fixed manufacturing overhead is $31,382 per month. a. The denominator activity of 8,840 machine-hours is used to compute the predetermined overheqd rate. so b. At a denominator activity of 8,840 machine-hours, the company should produce 3,400 units of product. c. The company's actual operating results were: Number of units produced Actual machine-hours Actual variable manufacturing overhead cost Actual fixed manufacturing overhead cost 4,360 s 11,964 s 30,000 the predetermined overhead rate and break it down into variable and fixed cost elements. (Round your answers to 2 decimal places.) 3. Compute the variable overhead rate and e Input all amounts as positive values. Round your intermediate calculations and final answers to 2 decimal places.) the variable overhead rate and efficiency variances and the fixed overhead budget and volume variances.(ndicate able, and "None" for no effect (i.e., zero variance). "F" for 460per MH 1.05per MH 355per MH 2. Compute the standard hours allowed for the actual production 3. Compute the variable overhead rate and efficiency variances and the fixed o the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "N Input all amounts as positive values. Round your intermediate calculations and final ans verhead buc Answer is not complete. Predetermined overhead rate Variable element Fixed element 4.601 per MH 1.05per MH 3.55per MH 11,336MHs 1. 2. Standard hours allowed for the actual production 3. Variable overhead rate variance Variable overhead efficiency variance Fixed overhead budget variance Fixed overhead volume variance Prev