The following variance analysis table was prepared by Lola Hoffstead, account analyst for the Fundamental Corporation. All the calculations are correct, but Lola is not sure how to apply the overhead. Use the completed table to answer the following questions. Assume Fundamental management isolates variances as soon as possible and in as great a detail as possible in the standard costing system. 4. Master Actual Standard Flexible Overhead Activity Input 5220# Budget 250 units $30/unit =$7,500 Budget 200 units $30/unit = $6,000 Applied 5220# $1.5/# = $7,830 $1.39/# DM N/A = $7,250 250 units 3650 hr. 3650 hr. 200 Units $8.4/hr. $9/hr. $135/unit $135/unit DL = $30,660 = $32,850 = $33,750 = $27,000 N/A 250 units $120/unit = $30,000 3650 hr. $11,050 $8/hour $24,000 VOH = $29,200 FOH $15,500 N/A $15,000 $15,000 (a) Fixed overhead applied: (b) Variable overhead applied: (c) Standard number of pounds of material used per unit produced: (d) Standard number of direct labor hours worked on each unit: The following variance analysis table was prepared by Lola Hoffstead, account analyst for the Fundamental Corporation. All the calculations are correct, but Lola is not sure how to apply the overhead. Use the completed table to answer the following questions. Assume Fundamental management isolates variances as soon as possible and in as great a detail as possible in the standard costing system. 4. Master Actual Standard Flexible Overhead Activity Input 5220# Budget 250 units $30/unit =$7,500 Budget 200 units $30/unit = $6,000 Applied 5220# $1.5/# = $7,830 $1.39/# DM N/A = $7,250 250 units 3650 hr. 3650 hr. 200 Units $8.4/hr. $9/hr. $135/unit $135/unit DL = $30,660 = $32,850 = $33,750 = $27,000 N/A 250 units $120/unit = $30,000 3650 hr. $11,050 $8/hour $24,000 VOH = $29,200 FOH $15,500 N/A $15,000 $15,000 (a) Fixed overhead applied: (b) Variable overhead applied: (c) Standard number of pounds of material used per unit produced: (d) Standard number of direct labor hours worked on each unit