Question 23 Potesto incorporated makes a single product- a critical part used in commercial airline seats. The company has system in which it applies overhead to this product based on the standard machine hours allowed for the actua period. Data concerning the most recent year appear below: $ Budgeted (Planned) Overhead: Budgeted variable manufacturing overhead Budgeted fixed manufacturing overhead Total budgeted manufacturing overhead 49,530 252.720 302.250 Budgeted production (a) Standard hours per unit (b) Budgeted hours (a) (b) 30,000 units 1.30 machine-hours 39.000 machine-hours applying Overhead: ctual production (a) andard hours per unit (b) andard hours allowed for the actual production x (b) 31,000 units 1.30 machine-hours 40,300 machine-hours $ wal Overhead and Hours: al variable manufacturing overhead al fixed manufacturing overhead actual manufacturing overhead hours 80,560 266,720 347.280 42.400 machine-ho $ I of the overhead variances is: (Round your intermediate calculations to 2 decimal pla 55F