Data Addtitional information Clarke Products develops its manufacturing overhead rate from the current annual budget. The manufacturing overhead budget for the year is based on budgeted output of 708,000 units, requiring 3,540,000DLH. The company is able to schedule production uniformly throughout the year. A total of 69,000 output units requiring 319,000 DLH was produced during May Manufacturing overhead (MOH) costs incurred for May amounted to $393,100. Required Calculate the following amounts for Clarke Products for May: 1. Total manufacturing overhead costs allocated 2. Variable manufacturing overhead spending variance 3. Fixed manufacturing overhead spending variance 4. Variable manufacturing overhead efficiency variance 5. Production-volume variance Be sure to identify each variance as favourable (F) or unfavourable (U). Clarke Products uses standard costing It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labour-hours (DLH) (i) (Cick the icon to view additional information) The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows III (Click the icon to view the data) Required 1. Calculate total manufacturing overhead costs allocated Begin by computing the budgeted hours per unit Determine the formula, and then compute the amount