The fixed overhead budget and volume variance for the year. Total the variances you have computed and compare the net amount the president. Do you agree that bonuses should be given 10 everyone for middot year? Explain Flanders Company uses standard cut! system and sets predetermined labor-hour. The following dater taken from the company budget car The standard cost card for the company's only product is given below During the year, the company produced 6.000 units of product and incurred the following costs Redo the standard cost card in clearer, more usable format by detailing the variable overhead com elements. prepare an analysis of the variances for direct materials and direct labor for the year Prepare an analysis of the variances for variable and fixed overhead for the year What effect, if any. does the choice of denominator activity level have on unit standard cu* volume variance controllable variance from spending point of view? Explain