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please complete ALL requirments The Granary Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct-cont categories: direct materials and

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The Granary Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct-cont categories: direct materials and direct manufacturing labor. Variable manufacturing overhead is allocated to products on the baris of standard direct manufacturing labor-hours. (Click the ican to viow the budget data for 2017.) (Click the icon to view the additional data for 2017.) The Granary Bread Company also allocatos foxed manufacturing overhead to preducts on the basis of standard direct manufacturing labor-hours. For 2017, fixed manufacturing overhead was budgeted at $3.00 per direct manufacturing labor-hout. Actual fxed manufacturing overhead incurred during the year was $28, ood Read the teguirements Requirement 1. Prepare a variance analysis of fixed manufacturing overhead cost. Begin by completing the table below for the foxed manufacturing overhead that will be used to calculate the variances. Requirements 1. Prepare a variance analysis of fixed manufacturing overhead cost. 2. Is fixed overhead underallocated or overallocated? By what amount? 3. Comment on your results. Discuss the variances and explain what may be driving them. Data table Data table

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