Question 9, E8-27 (similar to) Part 1 of 13 HW Score: 78.67%, 7.87 of 10 points Points: 0 of 1 Save The Ramirez Company uses standard costing in its manufacturing plant for auto parts. The standard cost of a particular auto part, based on a denominator level of 3,700 output units per year, included 6 machine-hours of variables manufacturing overhead at $7 per hour and 6 machine-hours of fixed manufacturing overhead at $16 per hour. Actual output produced was 4,200 units. Variable manufacturing overhead incurred was $265,000. Fixed manufacturing overhead incurred was $375,000. Actual machine-hours were 28,000. Read the requirements. Requirement 1. Prepare an analysis of all variable manufacturing overhead and fixed manufacturing overhead variances, using the 4-variance analysis. Begin by calculating the following amounts for the variable overhead. Actual Input - X Variable OH Actual Costs x Incurred Budgeted Rate Flexible Budget Allocated Overhead Help me solve this Etext pages Get more help - Type here to search Requirements D 1. Prepare an analysis of all variable manufacturing overhead and fixed manufacturing overhead variances, using the 4-variance analysis. 2. Prepare journal entries using the 4-variance analysis. 3. Describe how individual fixed manufacturing overhead items are controlled from day to day. 4. Discuss possible causes of the fixed manufacturing overhead variances. Print Done wwwk answer 9:29 PM 2022