5 small parts remaining to this one question please

E11-30A (similar to) Question Help FlowerMate is a manufacturer of large flower pots for urban settings. The company has these standards: (Click the icon to view the standards.) (Click the icon to view the actual results.) Requirements 1. Compute the variable manufacturing overhead variances. What do each of these variances tell management? 2. Compute the fixed manufacturing overhead variances. What do each of these variances tell management? Requirement 1. Compute the variable manufacturing overhead variances. What do each of these variances tell management? (Enter the variances as positive numbers. Enter the currency amounts in the formulas to the nearest cent, then round the final variance amounts to the nearest whole dollar. Label the variance as favorable (F) or unfavorable (U).) Begin by computing the variable manufacturing overhead rate variance. First determine the formula for the rate variance, then compute the rate variance for variable manufacturing overhead. Variable overhead Standard Price and Volume X ) = rate variance x Direct materials (resin). 12 pounds per pot at a cost of $4.00 per pound Direct labor.. 4.0 hours at a cost of $12.00 per hour Standard variable manufacturing overhead rate $5.00 per direct labor hour $93,000 Budgeted fixed manufacturing overhead Standard fixed MOH rate $12.00 per direct labor hour (DLH) Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? 5 parts remaining Clear All Check Answer i Actual Results FlowerMate allocated fixed manufacturing overhead to production based on standard direct labor hours. Last month, the company reported the following actual results for the production of 2,000 flower pots: Direct materials .... Purchased 24,800 pounds at a cost of $4.10 per pound; Used 24,400 pounds to produce 2,000 pots Direct labor. ... Worked 4.4 hours per flower pot (8,800 total DLH) at a cost of $11.00 per hour Actual variable manufacturing overhead . . . . . $5.70 per direct labor hour for total actual variable manufacturing overhead of $50, 160 Actual fixed manufacturing overhead $92,700 Standard fixed manufacturing overhead allocated based on actual production .. $96,000 ea Print Done