Michael Hopkins is a cost accountant and business analyst for Dapper Design Company (DDC), which manufactures expensive brass doorknobs. DDC uses two direct-cost categories: direct materials and direct manufacturing labor. Hopkins feels that manufacturing overhead is most closely related to material usage. Therefore, DDC allocates manufacturing overhead to production based upon pounds of materials used. EEB (Click the icon to view the standards.) EClick the icon to view the actual results for April.) Read the requirements Next, complete the table for variable overhead. (Abbreviation used: Manuf Manufacturing) Actual Input Qty Actual Costs Flexible Allocated Incurred Budgeted Price Budget Overhead Variable Manuf. OH 64800 20006800600 e. The variable manufacturing overhead spending variance is 22800 t. The variable manufacturing overhead effciency variance is 4800 F Complete the table for fixed overhead. Actual Costs Incurred 152000 Same Budgeted Lump Sum Regardless of Output Level Flexible Budget Allocated Overhead Fixed Manuf. OH g. The production-volume variance is h. The fixed manufacturing overhead spending variance is Data Table Data Table At the beginning of 2017, DDC budgeted annual production of 400,000 doorknobs and adopted the following standards for each doorknob Actual results for April 2017 were as follows: Production Direct materials purchased Direct materials used Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead 26,000 doorknobs 12,600 lb. at $11/lb. Input Cost/Doorknob Direct materials (brass) Direct manufacturing labor 1.2 hours Manufacturing overhead: 0.3 lb. $10b.S 3.00 7,000 lbs 29,500 hours for $619,500 $20/hour 24.00 $64,800 $152,000 Variable $6lb x 0.3 lb. 1.80 4.20 33.00 Fixed S14/lb. x 0.3 lb Standard cost per doorknob Print Done