Part 2: Froblem (35 points total) Marrow Company produces and sells ceramic, hand painted bird baths. The tables below detail the budgeted and actual data related to the production Both variable and fixed overhead are applied based on direct labor hours. A. Compute the Variable Overhead Efficiency and Spending variances. Indicate whether each is favorable or unfavorable. You must show your work here to receive credit. ( 14 points) VOH: Efficiency Variance: Spending Variance: B. Compute the Fixed Overhead Budget and Volume variances. Indicate whether each is favorable or un favorable. You must show your work here to receive eredit. ( t4 points) FOH: Budget Variance: Volume Variance: C. Close Manufacturing Overhead account to Cost of Goods Sold. (hint: MOH= Variable MOH + Fixed MOH). (7 points)