info has been givr

4 Part 4 4 Required information [The following information applies to the questions displayed below) The Platter Valley factory of Bybee Industries manufactures field boots. The cost of each boot includes direct materials, direct labor and manufacturing factory overhess. The firm traces al direct costs to products, and segns overhead cost to products based on direct labor hours. The company budgeted $10.250 variable fsctory overhesd cost $90 200 for fires factory overhesd cost and 2.050 direct labor hours its practical capacity to manufacture 4,100 pairs of boots In March 10 Ginta ases The factory used 3,500 direct labor hours in March to manufacture 4,000 pairs of boots and spent $15,600 on variable overhead during the month. The actual fred overhead cost incurred for the month wes $93.000 Raven The Platter Valley factory of Bybee Industriesures a two-variance analysis of the total factory overhes variance Required: 1. Compute the total flexible-buciget variance for overhead and the production volume variance for March. What was the total factory overhead cost variance for March: Indicate whether esch variance is favorable (F) or unfavorable U. 2 Determine the three components of the total flexible-budget variance for overhead .e., the variable overhead spending variance, the variable overhead efficiency variance, and the fired overhead spending variancel; In addition, show the production volume variance for March. Indicate whether each variance is favorable For unfavorable (U). Complete this question by entering your answers in the tabs below. Required 1 qurd 2 Compute the total flexible-budget variance for overhead and the production volume variance for March. What was the total factory overhead cost variance for March? Indicate whether each variance is favorable (F) or unfavorable (). Total excole-budget variance Production Volume variance Total overhead covariance