please enter all requirements!

Top - Notch Clothing is a manufacturer of designer suits. The cost of each suit is the sum of mree variable costs (direct material costs, direct manufacturn labor costs, and manufacturing overhead costs) and one nxed cost category (manufacturing overhead costs) (i) (Click the icon to view additonat intormation.) Read the requirements Requirement 1. Compute the nexible-budget variance. the spending vanance, and the efficiency variance for variable manufacturing overhead Begin by computung the followng amounts for the vartable manufacturing overhead More info Variable manufacturing overhead cost is allocated to each suit on the basis of budgeted direct manufacturing labor-hours per suit. For June 2017, each suit is budgeted to take 4 labor-hours. Budgeted variable manufacturing overhead cost per labor-hour is $12. The budgeted number of suits to be manufactured in June 2017 is 1,080 Actual variable manufacturing overhead costs in June 2017 were $56,375 for 1,140 suits started and completed. There were no beginning or ending inventories of suits. Actual direct manufacturing labor-hours for June were 4,510 . Requirements 1. Compute the flexible-budget variance, the spending variance, and the efficiency variance for variable manufacturing overhead. 2. Comment on the results