Recompute them 8-38. OVERHEAD VARIANCE, MISSING INFORMATION. Consider the following two situations-cases A and B-independently. Data refer to operations for April 2020. For each situation, assume standard costing, Also assume the use of a flexible budget for control of variable and fixed manufacturing overhead based on machine-hours. a A $27,000 $10,511 Cases B $132,900 45,000 4,700 $ 2.10 S130,500 $23,375 (1) Fixed manufacturing overhead incurred (2) Variable manufacturing overhead incurred (3) Denominator level in machine-hours (4) Standard machine-hours allowed for actual output achieved (5) Fixed manufacturing overhead (per standard machine-hour) Flexible-Budget Data: (6) Variable manufacturing overhead (per standard machine-hour) (7) Budgeted fixed manufacturing overhead (8) Budgeted variable manufacturing overhead (9) Total budgeted manufacturing overhead Additional Data: (10) Standard variable manufacturing overhead allocated (11) Standard fixed manufacturing overhead allocated Production-volume variance (13) Variable manufacturing overhead spending variance (14) Variable manufacturing overhead efficiency variance (15) Fixed manufacturing overhead spending variance $10,340 $19,975 (12) $ 457 U $ 580 F $ 1,490 F $ 1,680 F Cases $27.000 $10.511 $132.500 45,000 4.700 $ 2.10 $130.500 $23,375 11) Faed manufacturing overhead incurred 121 Variable manufacturing overhead incurred (3) Denominator level in machine-hours (4) Standard machine-hours allowed for actual output achieved (5) Fixed manufacturing overhead (per standard machine-hour) Flexible-Budget Data: (6) Variable manufacturing overhead (per standard machine-hour) (7) Budgeted fixed manufacturing overhead (8) Budgeted variable manufacturing overhead (9) Total budgeted manufacturing overtidad Additional Data: (10) Standard variable manufacturing overhead allocated (11) Standard fixed manufacturing overhead allocated (12) Production-volume variance (13) Variable manufacturing overhead spending variance (14) Variable manufacturing overhead efficiency variance (15) Fixed manufacturing overhead spending variance (16) Actual machine hours used 1 $10,340 $19,975 $ 457U $ 580F $ 1,450 F $ 1,680 F For standard machine hours allowed for actual output produced. 317 Required Fill in the blanks under each case. [HINT: Prepare a worksheet similar to that in Exhibit 8-4. Fill in the knowns and then solve for the unknowns.)