Nathan Roberts is a cost ocoountant and business aralyst for Damask Design Company (DOC). which manulactunes expensive brass doonknobs. DOC uses two drect cost calegaries: direct materials and direct manufacturing labor. Roberts foels that mandacturing overtead is most closely rolated to material usage. Therelore, DOC allocates manutactering overtead to production based upon pounds of motorials used. (Click the icon to view the standarts)] (Click the icon to view the actual resuls for Apri), Read the tegitements. Data table Data table At the beginning of \\( 2020,00 C \\) budgeted amual production of 410,000 doodnobs -. The varioble manutacturing overhead spending variance is 1. The variable manulacturing overhead efticiency variance is Complete the table for fixed overhead. \\( \\mathbf{y} \\) k. The fixed manulacturing overhead apending varance is Requirement 2. Can Roberts use any of the variances to help explath any of the cher variances? Give eramcles. The direct materiak price varance indeates that DOC paid for brass than they had planned if this is hocause they curchased a material effesency vaviance) brass than expected (ceading to a(n) varubie evertead efficiency variance The purchase of this In wurt, since variable manufacturing overhead is ascigned based on pounds of maserisls ued, tha drectly led to the qualiy brats, it moy explain why they used qualty of thass may also esplain why a trook labor time to produce the doorknobs than expected itwe denct labor efficiency variance) Finally, the drect labor price variance could imply that the worken who were hived were experienced then espected, which could aiso be related to the direct material and direct labor efficiencr variances. Requirement 1. For the month of April, compute the variances, indicating whether each is favorable (F) or unfavorable (U). Before computing the variances complete the tables below. Begin by completing the table for direct materials. Actual Input Qty. * Budgeted Price a. Direct materials prico variance (based on purchases) is b. The direct materials efficiency variance is Now complete the table for direct labor