This is a single problem that consists of 5 separate problems. I'm unable to post these separately because they all build upon each other.

Part B Solve problems 1-5 based on the following scenario. Jordan has asked you to develop a flexible overhead budget, based on the data below. Standard Costs for Product per Unit Direct materials (6 pounds, at $6 per pound) $ 36.00 Direct labor (2 hours, at $20 per hour) $ 40.00 Overhead (2 hours, at $20.4233333333333 per hour) 40.85 Total standard cost 116.85 The predetermined overhead rate ($20 4233333333333 per direct labor hour) is based on an expected volume of 75% of the factory's capacity of 20,000 units per month $ $ Budgeted Overhead Costs per Month (at 75% capacity) Variable Costs Amount ($) Indirect materials 49,500 Indirect labor 198,000 Power 49,500 Repairs and maintenance 99,000 Total variable overhead costs 396,000 Fixed Overhead Costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total fixed overhead costs Total overhead costs 28,600 88,000 13,200 86,900 216,700 612,700 The company incurred the following actual costs when it operated at 75% of capacity in September. Expenses Direct materials (91,000 pounds, at $6.10 per pound) Direct labor (30,500 hours, at $20.5 per hour) Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation Building Depreciation-Machinery Taxes and insurance Supervision Total overhead costs Total costs Amount ($) 555,100 625,250 48,675 195,525 47.300 105,600 28,600 82,500 12,650 67,750 588,600 1,768,950 . Complete the problems below. Add your answers in this template and show your work. Problem 1. Examine the monthly overhead budget to: Determine the costs per unit for each variable overhead item and each item's total per-unit costs. Identify the total fixed costs per month Problem 2. Prepare flexible overhead budgets for September, showing the amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels Problem 3. Include the price and quantity variances to compute the direct materials cost variance. Problem 4. Include the rate and efficiency variances to compute the direct labor cost variance. Problem 5. Prepare the overhead variance report, showing the overhead variances for individual items