Question 10 of 11 > -79 Question 3 Drop 14 Waterway Company manufactures deep sea fishing rods, which it distributes internationally through a chain of wholesalers. The following data are taken from the budget prepared at the beginning of the year by Waterway's controller. The company applies overhead on the basis of machine hours. Question 4 Agro -75 Annual Budget $2.637.800 May Budget Questions Variable manufacturing overhead 25/5 $235.400 Fixed manufacturing overhead Direct labor hours 51.203.960 $100.330 Questions M 5/5 4460 Machine hours 53.520 239.800 21.400 Question 5/5 Question 5/5 During the month of May. Waterway used 4200 direct labor hours and 21630 machine hours. The flexible budget for the month allowed 4360 direct stor hours and 21.150 machine hours Actualised manufacturing overhead incurred was $104,100 valable manufacturing overhead incurred was $235 230 (a) Calculate the variatie overhead spending and licency wariances for May (Round per unit value to decina par 5275 and final answers to decimal placeres 5.725. verince smo select "Not Applicable and enter for the amounts) Question - 25 Viewing Question 10 Variable overhead spendine variance Variable Question 11 Question 10 of 11