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Please see the attached file. I. Fatalinc. ntanutactures Parachutes. Fixed and variable manufacturing cost pools are allocated to each parachute using budgeted assembly hours. Budgeted

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I. Fatalinc. ntanutactures Parachutes. Fixed and variable manufacturing cost pools are allocated to each parachute using budgeted assembly hours. Budgeted assembly time is .1 hours Per unit. The following table Presents the amounts for Iulyl Actual Static Results Budge_t Number of Parachutes Produced 26D 2413 Hours of assembly time 933 Variable overhead cost per hour $25 Variable overhead cost $34,531:] Fixed manufacturing overhead cost $19,311! $2U,l Required: a. Calculate the efciency variance for variable overhead costs. b. Calculate the rate variance for variable overhead costs. c. Calculate the rate variance for xed overhead costs. d. Calculate the productionvolume variance for xed overhead costs _

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