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I need the answers to flexible-budget variance, then spending variance, and finally the efficiency variance and for requirement 2. Please answer all parts.

Variable manufacturing overhead cost is allocated to each suit on the basis of budgeted direct manufacturing labor-hours per suit. For June 2020, each suit is budgeted to take 3 labor-hours. Budgeted variable manufacturing overhead cost per labor-hour is $14. The budgeted number of suits to be manufactured in June 2020 is 1,180. Actual variable manufacturing overhead costs in June 2020 were $60,885 for 1,120 suits started and completed. There were no beginning or ending inventories of suits. Actual direct manufacturing labor-hours for June were 4,510. Opulence Clothing is a manufacturer of designer suits. The cost of each suit is the sum of three variable costs (direct material costs, direct manufacturing labor costs and manufacturing overhead costs) and one fixed-cost category (manufacturing overhead costs). Click the icon to view additional information.) Read the requirements. Requirement 1. Compute the flexible-budget variance, the spending variance, and the efficiency variance for variable manufacturing overhead. Begin by computing the following amounts for the variable manufacturing overhead. Actual Input Qty. Actual Costs Allocated Incurred Budgeted Rate Flexible Budget Overhead $ 60,885 $ 63,140 $ 47,040 $ 47,040 x Now compute the variances: flexible-budget variance, then spending variance, and finally the efficiency variance. Label each variance as favorable (F) or unfavorable (U). Flexible-budget variance Now compute the variances: flexible-budget variance, then spending variance, and finally the efficiency variance. Label each variance as favorable (F) or unfavorable (U). Flexible-budget variance 324 U Spending variance 2268 F Efficiency variance 216 U Requirement 2. Comment on the results. Esquire had a spending variance because the actual variable overhead rate per direct manufacturing labor-hour was_ _than the budgeted. It had ___efficiency variance because each suit averaged _labor-hours than budgeted