Turner Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labor-hours (DLH). (Click the icon to view additional information.) The actual costs, compared with the annual budget and 1/12 of the annual budget, are as fo (Click the icon to view the data.) Read the requirement. 1. Calculate total manufacturing overhead costs allocated. Begin by computing the budgeted hours per unit. Determine the formula, then compute the amount. = Budgeted hours per unit = Now calculate the total manufacturing overhead (MOH) costs allocated. Determine the formula, then complete the calculation. = Total MOH costs allocated = For items 2 through 5, complete the following tables before calculating the remaining amounts in the requirement. Complete the table for variable MOH. Actual input Actual costs incurred budgeted rate Flexible budget Allocated overhead Variable MOH Next complete the table for fixed MOH. Next complete the table for fixed MOH. Same budgeted Fixed MOH lump sum Actual costs incurred regardless of output level Flexible budget Allocated overhead Now calculate the remaining listed amounts for Turner Products for May 2017. Be sure to identify each variance as favorable (F) or unfavorable (U). 2. The variable manufacturing overhead spending variance is 3. The fixed manufacturing overhead spending variance is 4. The variable manufacturing overhead efficiency variance is 5. The production-volume variance is