Score: 0 of 1 pt 3 of 3 (0 completa) HW Score: 0%, 0 of 3 pts E10-34A (similar to) 13 Question Help Center Ware is a manufacturer of ceramic bottles. (Click the icon to view the standards.) (Click the icon to view the actual results.) Requirements 1. Compute the total manufacturing overhead variance. What does this tell management? 2. Compute the overhead flexible budget varlance. What does this tell management? 3. Compute the production volume variance. What does this tell management? Requirement 1. Compute the total manufacturing overhead variance. What does this tell management? Identify the formula labels and compute the total manufacturing overhead variance. (Enter the result as a positive number. Label the variance as favourable (F) or unfavourable (U).) Total overhead variance Data Table i Data Table The company has these standards: Last month, Center Ware reported the following actual results for the production of 70,000 bottles Direct materials Direct materials (clay) 1.3 kg per bottle, at a cost of $0.44 per kg Direct labour.......... 1/5 hour per bottle, at a cost of $14.00 per hour Static budget variable overhead $70,500 Static budget fixed overhead. $30,500 Stalic budget direct labour hours... ...... 10,000 hours Static budget number of bottles.......... 52,000 Center Ware allocates manufacturing overhead to production based on standard direct labour hours. Direct labour.. Actual variable overhead Actual fixed overhead. 1.5 kg per bottle, at a cost of $0.70 per kg 1/4 hour per bottle. at a cost of $13.40 per hour $104,600 $ 28,700 Print Done ? Clear All Check Answer Drint les