Need help on problem 3 part 3 please

Problem 2 (20 Points): The French Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct-cost categories: direct materials and direct manufacturing labor. Variable manufacturing overhead is allocated to products on the basis of standard direct manufacturing labor-hours. Following is some budget data for the French Bread Company: Direct manufacturing labor use Variable manufacturing overhead 0.02 hours per baguette $10.00 per direct manufacturing labor-hour The French Bread Company provides the following additional data for the year ended December 31, 2014: Planned (budgeted) output Actual production Direct manufacturing labor Actual variable manufacturing overhead 3,200,000 baguettes 2,800,000 baguettes 50,400 hours $680,400 Required: 1. Prepare a variance analysis of variable manufacturing overhead. 2. Discuss the variances you have calculated and give possible explanations for them. Problem 3 (20 Points): The French Bread Company also allocates fixed manufacturing overhead to products on the basis of standard direct manufacturing labor-hours. For 2014, fixed manufacturing overhead was budgeted at $4.00 per direct manufacturing labor-hour. Actual fixed manufacturing overhead incurred during the year was $272,000. Required: 1. Prepare a variance analysis of fixed manufacturing overhead cost. 2. Is fixed overhead under allocated or overallocated? By what amount? 3. Comment on your results. Discuss the variances and explain what may be driving them