Opulence Clothing is a manufacturer of designer suits. The cost of each suit is the sum of three variable costs (direct materials costs, direct manufacturing labour costs, and manufacturing overhead costs) and one fixed-cost category (manufacturing overhead costs). Variable manufacturing overhead (VMOH) cost is allocated to each suit based on budgeted direct manufacturing labour-hours (DMLH) per suit. For June, each suit is budgeted to take 4 labour-hours. Budgeted VMOH costs per labour-hour is $12.00. The budgeted number of suits to be manufactured in June is 1,060 . Actual VMOH costs in June were $59,150 for 1,080 suits started and completed. There was no beginning or ending inventory of suits. Actual DMLH for June were 4,550 . Required 1. Calculate the flexible-budget variance, the rate variance, and the efficiency variance for VMOH. 2. Comment on the results. Requirement 1. Calculate the flexible-budget variance, the rate variance, and the efficiency variance for VMOH. Begin by computing the following amounts for the VMOH. (Round your answers to the nearest whole dollar.) Now, compute the variances: flexible-budget variance, then rate variance, and finally the efficiency variance. Label each variance as favourable (F) or unfavourable (U). Requirement 2. Comment on the results. Opulence had rate variance because the actual variable overhead rate per direct manufacturing labour-hour was than budgeted. It had efficiency variance because each suit averaged budgeted