Superior Fender a standard cost system and provide the following information mid the icon to the information Superior Fender allocate manufacturing overhead to production based on standard direct labor hours Superior Fender reported the following actual results for 2018 actual umber of fenders produced 20.000. acum variable overhead $5,800, actualiced overhead $27.000 actual direct labor hours 360 Road the resume Data Table Requirements - X Requirer overhead Static budget Variable overhead $4608 Begin will 1. Compute the overhead variances for the year variable overhead cost Static budget fixed overhead 5 23040 variance variance, variable overhead efficiency variance, foed overhead cost variance Static budget direct labor hours 576 hours overhead and forad overhead volume variance 2 Explain why the variances are favorable or unfavorable Static budget number of units 24 000 units Standard direct labor hours 0024 hours per lendo VOH COS Print Done Choose me Print Done Superior anderes a standard cost systems and provide the following information moti icon to the information Super Fender local manufacturing overhead to production based on standard direct labor hours Superior Fender reported the following schults for 2018 der finders produced, 20.000 alle vertad, 55,800, cuale ved 527 000 actual direct labor hours Requirement 1. Compare the overhead variances for the year variable overhoed cont variance, variabile overhead officiency variatice, fired overhead cont variance, and lived overtad vakre variance Begin with the variable overhead cost and efficiency variances Select the required formulas, compute the variable overhead cost and efficiency variances and only whether each variances Lavorable (F) or untavorable (U). You may need to simply the formula based on the data provided Abitioned AC actual con Acts quantity, FOH tedava SC standard cost S0 = standard quantity. VOH - variable overhead) Formula Variance VOH cost variance VOH efficiency variance Choose from any ust or enter any number in the input fields and then click Check