Please do part $1$ and $2!!!!!!$ B $($Static$)$ The Platter Valley factory of Bybee Industries...

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The Platter Valley factory of Bybee Industries manufactures field boots. The cost of each boot includes direct materials, direct labor, and manufacturing $($factory$)$ overhead. The firm traces all direct costs to products, and it assigns overhead cost to products based on direct labor hours.

The company budgeted $$15,000$ variable factory overhead cost, $$90,000$ for fixed factory overhead cost and $2,500$ direct labor hours $($its practical capacity$)$ to manufacture $5,000$ pairs of boots in March.

The factory used $2,700$ direct labor hours in March to manufacture $4,800$ pairs of boots and spent $$15,600$ on variable overhead during the month. The actual fixed overhead cost incurred for the month was $$92,000.$

$($DLH $=$ Direct Labor Hours, FB $=$ Flexible Budget, $AQ=$Actual Quantity, $SQ=$ Standard Quantity, $AP=$Actual Price,$AH=$ Actual Hours, SH $=$ Standard Hours, and SP $=$ Standard Price$)$

Exercises $15-32($Static$)$ Two$-$Variance vs$.$ Four$-$Variance Breakdown of the Total Factory Overhead Cost Variance $[$LO $15-2]$

The Platter Valley factory of Bybee Industries uses a two$-$variance analysis of the total factory overhead variance.

Required:

Compute the total flexible$-$budget variance for overhead and the production volume variance for March. What was the total factory overhead cost variance for March? Indicate whether each variance is favorable $($F$)$ or unfavorable $($U$).$

Determine the three components of the total flexible$-$budget variance for overhead $($i$.$e$.,$ the variable overhead spending variance, the variable overhead efficiency variance, and the fixed overhead spending variance$)$; in addition, show the production volume variance for March. Indicate whether each variance is favorable $($F$)$ or unfavorable $($U$).$

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Compute the total flexible$-$budget variance for overhead and the production volume variance for March. What was the total factory overhead cost variance for March? Indicate whether each variance is favorable $($F$)$ or unfavorable $($U$).$

$\backslash$table$[[$Total flexible$-$budget variance,$$,2,146,$Unfavorable,$0],[$Production volume variance,$$,75,550,$Unfavorable,$0],[$Total overhead cost variance,$$,77,696,$Unfavorable,$0]]$