Prow the toriterints More info Variable manufacturing overhead cost is allocated to each suit on the basis of budgeted direct manufacturing labor-hours per suit. For June 2020, each sut is budgeted to take 5 labor-hours. Budgeted variable manufacturing overhead cost per labor-hour is $15. The budgeted number of suits to be manufactured in June 2020 is 1,200 . Actual variable manufacturing overhead costs in June 2020 were $65,772 for 1,160 suits started and completed. There were no beginning of ending inventories of suits. Actual direct manufacturing labor-hours for June were 4,536 . Luxury Clothing is a manufacture of designer suits. The cost of each suit is the sum of three variable costs (direct material costs, direct manufacturi (i) (Click the icon to view additional information.) Read the requirements- Requirement 1. Compute the flexible-budget variance, the spending variance, and the efficiency variance for variable manutacturing ovehead. Begin by computing the foliowing amounts for the variable manufacturing overhead. ists (direct material costs, direct manufacturing labor costs, and manufacturing overhead costs) and one fixced-cost category (manufactuting overhead costs) ce for variable manutacturing 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 2020, each suit is budgeted to take 5 labor-hours. Budgeted variable manufacturing overhead cost per labor-hour is $15. The budgeted number of suits to be manufactured in June 2020 is 1,200 . Actual variable manufacturing overhead costs in June 2020 were $65,772 for 1,160 suits started and completed. There were no beginning or ending inventories of suits. Actual direct manufacturing labor-hours for June were 4,536