Name Managerial Accounting Assignment 11-2 Variance Analysis for Factory Overhead This assignment is worth 15 points, and will be due on Monday, May 13, 2019. The normal capacity of a manufacturing plant is 6.000 units per month. Fixed overhead at this volume is S54,000, and variable overhead is $90,000. Additional data is as follows: Actual production (units) Actual factory overhead Month 1 5,700 $136,600 Month 2 6,600 $152,400 Instructions: Calculate the predetermined overhead rate, based on the standard cost estimates (stated in terms of cost per unit). Determine the percentage of normal capacity for each month's actual production, Determine the amount of fixed, variable, and total factory overhead allowed for the actual levels of production Determine variances for each month for factory overhead. Indicate whether each type of variance is favorable or unfavorable. c. d