8-38 Overhead variance, missing information. Consider the following two situationscases A and B independently. Data refer to operations for April 2017. For each situation, assume standard costing. Also assume the use of a flexible budget for control of variable and fixed manufacturing overhead based on machine-hours. Cases A B (1) Fixed manufacturing overhead incurred $ 84,920 $23,180 (2) Variable manufacturing overhead incurred $120,400 (3) Denominator level in machine-hours 1,000 (4) Standard machine-hours allowed for actual output achieved 6,200 (5) Fixed manufacturing overhead (per standard machine-hour) Flexible-Budget Data: (6) Variable manufacturing overhead (per standard machine-hour) $ 42.00 (7) Budgeted fixed manufacturing overhead $ 88,200 $20,000 (8) Budgeted variable manufacturing overhead (9) Total budgeted manufacturing overhead Additional Data: (10) Standard variable manufacturing overhead allocated $124.000 (11) Standard fixed manufacturing overhead allocated $ 86,800 (12) Production-volume variance $ 4,000 F (13) Variable manufacturing overhead spending variance $5,000 F $ 2,282 F (14) Variable manufacturing overhead efficiency variance $ 2,478 F (15) Fixed manufacturing overhead spending variance (16) Actual machine-hours used For standard machine-hours allowed for actual output produced. Required: Fill in the blanks under each case. (Hint: Prepare a worksheet similar to that in Exhibit 8-4 (page 324). Fill in the knowns and then solve for the unknowns.]