500 points Problem 16-67 Comprehensive Variance Problem (LO 16-5, 6) Sweetwater Company manufactures to produch, Mountan Mist and Valley Sam. The company prosto manter udpet on the train of standard costs. The following data are for March De Director Variatiedrarhour Fleder E director Atauts Det mased and we ) Det labor Vanable the Fised verhead Units product Mountains 3 514 do per une 5 hours at 500 20 per hour 145 5364.405 0.450 3.100 suces 51420 perence 4,0T0 hours at 250 per hour 3357560 3322.950 1070 units wy Une 317 30 per unce Bhours w ser hour 30320 3300 300 7.300 4.700 ounces at 31000 per ounce 7.400 hours 582 00 per hour $385,510 35999 100 1220 Required: - Computea variance analysis for each variable cost for each product (Do not found intermediate calculations. Indicate the effect of each variance by selecting "T" for favorable, or "U" fountav Mount Mist Valley Stewam Eficiente Variante Price Variance Eliciency Variance Direct materials 2.280 5 3,7320 Dract latior Variable overhead $ Variable overhead Faced overhead Units produced (actual) 25550 3323,050 1 OTO units 3305,5TU $300,00 1220 units Required: a. Compute a variance analysis for each variable cost for each product (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" muntain Mist Emoleney Variance 5 3.732 Valley Stream Price Variance Efficiency Variante 5 Direct materials Direct labor Variable overhead L. Computea faced overhead variance analysis for each product (Do not round intermediate calculations. Indicate the effect of each variance by selecting "P" for Mountain Mist Production Volume Price Variance Variance Valley Stream Price Variance Production Volume Variance Fixed overhead Type here to search O 20