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Ashford Foods processes bags of organic frozen fruits sold at specialty grocery stores. (Click the icon to view additional information.) Read the requirements. Requirement 1. How much variable overhead would have been allocated to production? How much fixed overhead would have The variable overhead allocated to production is More info The company allocates im Ashford has budgoted fxe The predetermined fixed I hour, while the standard i. (Click the icon to view additional information.) Read the requirements: Requirement 1. How much variable overhead would have been allocated to production? How much fixed overhead would have been aliocated to production? The variable overhead allocated to production is More info The company allocates manufacturing overhead based on Ashford has budgated fixed manufacturing ovarhead for tha The predetarmined fixed manutacturing overhead rate is $1 hour, while the atandard varlable manufacturing evarhead n labor hour. The direct labor stanciard for each case is one hour, The compary actually processed 160,000 cases of froasen or year and incurred $695,610 of manufacturing overbexd. Or th was fixed. The company alse incurred a total of 41.400 drect More info Requirement The variable of The company allocates manufacturing overhead based on direct labor hours. Ashford has budgeted fixed manufacturing overhead for the year to be $633,000. The predetermined fixed manufacturing overhead rate is $16.80 per direct labor hour, while the standard variable manufacturing overhead rate is $0.95 per direct labor hour. The direct labor standard for each case is one - quarter (0.25) of an hour. The company actually processed 160,000 cases of frozen organic fruits during the year and incurred $695,610 of manufacturing overhead. Of this amount, $648.000 was fixed. The company also incurred a total of 41,400 direct labor hours. Requirements 1. How much variable overhead would have been allocated to production? How much fixed overhead would have been allocated to production? 2. Compute the variable MOH rate variance and the variable MOH efficiency variance. What do these variances tell managers? 3. Compute the fixed MOH budget variance and the fixed overhead volume variance. What do these variances tell managers? Ashford Foods processes bags of organic frozen fruits sold at specialty grocery stores. i. (Click the icon to view additional information) Read the Requirement 1. How much variable overhend would have been allocated to production? How much fixed overhead would have been allocated to prodictom? The variable overhead allocated to production is