2. (23 points) E The company uses direct labor-hours for fixed overhead allocation and anticipates 240,000 hours during the year for 480,000 units. An equal number of units are budgcted for each moeth Quantity of driver per clock: . Overhead rate per driver: -Fixed cost per .(10 points) During June 2018, 43,000 clocks were produced and 563,000 were spent ob fxed overhead Compute the respective fixed manufacturing overbead variance(o) o Variance name: Show your work, neatly Circle: F Cirele: F UF . (12 points) Capture the respective variance(s) with journal entries and close to cost of goods sold