Question 1 The cost accountant and business analyst for Dapper Design Company (DDC), which manufactures expensive brass vases, provides the following information about their planning & control activities. DDC uses two direct cost categories: direct materials and direct manufacturing labor. The company sets predetermined overhead rates on the basis of direct labour hours. Direct materials (brass)/Unit Direct manufacturing labor/Unit Annual Manufacturing overhead: Variable (Budgeted VOHD) Input 2.5 lbs. @ $5/lb. 0.5 hours $28/hr. $ 210,000 Fixed (Budgeted FOHD) S 490,000 Total budgeted direct labour hours 35,000 Planned production (units) 35,000 vases PVOHD Rate/DLH $ 420,000 Actual results for 2019 were as follows: Production Direct Labour hours used Variable manufacturing overhead Requirements: 68,000 vases 35,600 $222,500 1.) For 2019, compute the variances listed below and indicate whether each variance if favourable (F) or unfavorable (U). (e) Variable manufacturing overhead spending variance (f) Variable manufacturing overhead efficiency variance (g) Production volume variance (h) Fixed manufacturing overhead spending variance