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Actual Results Earthern Ware is a manufacturer of large flower pots for urban settings. The company has the Standard Price and Volume Direct materials (resin) pounds per pot at a cost of $4.00 por pound 20 hours at a cost of $17.00 per hour Purchased 6.700 pounds at a cost of 54.10 per pound; Used 8,300 pounds to produce 1000 pots Worked 24 hours per flower pot 2.400 Total DLH) at a cost of $16.00 per hour $5.40 per direct labor hour for lot actuavansate manufacturing overhead of $15.300 $20,500 arable manufacturing overhead Direct labo Standard variable manufacturing overhead rate Budgeted food manufacturing overhead Standard foed MOH rate $6.00 per direct labor hour $21.000 511 00 per direct labor hour (DLH) manufacturing overhead food manufacturing overhead based on actual production $22.000 Print Done Print Done Choose from any list or enter any number in the input fields and then continue to the next thern Ware is a manufacturer of large flower pots for urban settings. The company has these standards: (Click the icon to view the standards. (Click the icon to view the actual results.) quirements Compute the variable manufacturing overhead variances. What do each of these variances toll management? Compute the forced manufacturing overhead variances. What do each of these variances tell management? quirement 1. Compute the variable manufacturing overhead variances. What do each of these variances toll management? (Enter the variances as positive numbers. Enter the currency amounts in the forma the nearest cert, then found the final variance amounts to the nearest whole dollar Label the variance as favorable For unfavorable (UN) egin by computing the variable manufacturing overhead rate variance. First determine the formula for the rate variance, then compute the rate variance for variable manufacturing overhead Variable overhead Actual hours x A Standard rate ctual rate - rate varianos - JL w compute the variable manufacturing overhead officiency variance. First determine the formula for the officiency variance, then compute the efficiency variance for variable manufacturing overhead. Vanable overhead s from any list or enter any number in the input fields and then continue to the next question Now compute the variabile manufacturing overhead officiency variance Fi determine the formula for the officiency variance, then compute the efficiency variance for variable manufacturing overhead Standard rate Standard hours a lowed Variatie overhead efficiency variance ) What do each of these variances tell management? were than expected. The variable MOH efficiency The variable manufacturing overhead (MOH) rate variance tells managers that variance tells managers that actual were than Requirement 2. Compute the forced manufacturing overhead variances. What do each of these variances soll management? (Abbreviations used. MOH - manufacturing overhead. Enter the variances as positive Choose from any list or enter any number in the input fields and then continue to the next question Requirements 1. Compute the variable manufacturing overhead variances. What do each of these variances toll management? 2. Compute the foxed manufacturing overhead vanances. What do each of these variances for management Requirement 2. Compute the forced manufacturing overhead variances. What do each of these variances to management? (Abbreviations used: MOH mancuring overhead Enter the ances as positive numbers Label the variances as favorable For unfavorable (U) Begin by computing the found manufacturing overhead budget variance. First determine the form for the budget variance, the compute the budget variance for freed manufacturing overhead Feed MOH budget varande Now compute the foxed manufacturing overhead volume variance. First dotermine the formula for the volume variance then compute the volume variance for food manufacturing overhead Choose from any list or enter any number in the input fields and then continue to the next ques Earthern Ware is a manufacturer of large flower pots for urban settings. The company has these standards: m (Click the icon to view the standards.) Click the icon to view the actual results.) Requirements 1. Compute the variable manufacturing overhodd variances. What do each of these variances toll management? 2. Compute the food manufacturing overhead variances. What do each of these variances toll management? Now compute the fixed manufacturing overhead volume variance For determine the formula for the volume variance, the compute the volume variance for food manufacturing overhead Food MOH evance What do each of these variances toll management? The fixed overhead budget variance tolls managers that The feed overhead volume variance tells managers that Choose from any list or enter any number in the input fields and then continue to the next quest