Question2 (24 marks): Cohen Company has provided the following information about the company's only product: Standard direct labour rate Standard direct labour hours per unit Variable manufacturing overhead Fixed manufacturing overhead Normal capacity for the month $18.20 per hour 3 hours $3 per standard direct labour hour 7.50 per standard direct labour hour 7,200 units During the preceding month, the actual production was 7,560 units. The average rate paid for the 22,800 hours of direct labour was $18.40 per hour. The actual variable manufacturing overhead was $67,080, and the actual fixed manufacturing overhead was $163,000. Required: Compute such variances as can be derived from the above data