Problem 23- Rogen Corporation manufactures a single product. The standard cost er unit of product is shown below Direct materiai-1 pound plastic at $5.00 per pound $6.00 Direct labor0.5 hours $11.00 per hour Variable manufacturing overhead 2.75 Fixed manufacturing overhead Total standard cost per unit $16.50 The predetermined manufacturing overhead rate is $10 per direct labor hour($5.00 -0.5). It was computed from a master manufacturing overhead budget based on normal production of 2.500 direct labor hours 15,000 units) for the month. The master budget showed total variable costs of $13,750 ($5.50 per hour and total fixed overhead costs of $11,250 (14.50 per hour). Actual cost for October in producing 4.200 were as follows Direct materials (4,300 pounds) Direct labor (2.000 hours) Varrhead Fixed overhead Total manufacturing costs $26,230 22.400 14,700 3.100 $71,430 The purchasing department by the cu aw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored The predetermined manufacturing overhead rate is $10 per direct labor hour (55.00 +0.5). It was computed from a master manufacturing overhead budget based on normal production of 2.500 direct labor hours (5,000 units) for the month. The master budget showed total variable costs of $13,750 ($5.50 per hour) and total fived overhead costs of $11,250 (54.50 per hour) Actual costs for October in producing 4.200 units were as follows Direct materials (4,300 pounds) Direct labor(2,000 hours) Variable overhead Pued overhead Total manufacturing costs $ 26,230 22.400 14,700 8,100 $71.430 The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories, therefore, can be ignored Compute the overhead controllatie vanance and the overhead volume variance Overhead me verance Chich you would like to show Work for this questioni Coen Show Work