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Overhead information for Cran-Mar Company for October follows: Required: 1. What is the standard fixed factory overhead rate per machine hour (MH)? 2. What is the denominator activity level that was used to establish the fixed factory overhead application rate? 3. Two-way analysis (breakdown) of the total factory overhead cost variance: calculate the following factory overhead cost variance for October and indicate whether each variance is favorable (F) or unfavorable (U). a. Total flexible-budget variance b. Production volume variance. c. Total overhead cost variance. 4. Calculate the production volume variance and indicate whether the variance is favorabie (F) or unfavorable (U) Complete this question by entering your answers in the tabs below. What is the standard fixed factory overhead rate per machine hour (MH)? (Round your answer to 2 decimal places.) Required: 1. What is the standard fixed factory overhead rate per machine hour (MH) ? 2. What is the denominator activity level that was used to establish the fixed factory overhead application rate? 3. Two-way analysis (breakdown) of the total factory overhead cost variance: calculate the following factory overhead cost var for October and indicate whether each variance is favorable (F) or unfavorable (U). a. Total flexible-budget variance. b. Production volume variance. c. Total overhead cost variance. 4. Calculate the production volume variance and indicate whether the variance is favorable (F) or unfavorable (U). Complete this question by entering your answers in the tabs below. What is the denominator activity level that was used to establish the fixed factory overhead application rate? (Round your answer to the nearest whole number.) Complete this question by entering your answers in the tabs below. Two-way analysis (breakdown) of the total factory overhead cost variance: calculate the following factory ove variances for October and indicate whether each varianrs in c......) or unfavorable (U). Overhead information for Cran-Mar Company for October follows: Required: 1. What is the standard fixed factory overhead rate per machine hour (MH) ? 2. What is the denominator activity level that was used to establish the fixed factory overhead application rate? 3. Two-way analysis (breakdown) of the total factory overhead cost variance: calculate the following factory overh for October and indicate whether each variance is favorable (F) or unfavorable (U). a. Total flexible-budget variance. b. Production volume variance. c. Total overhead cost variance. 4. Calculate the production volume variance and indicate whether the variance is favorable (F) or unfavorable (U) Complete this question by entering your answers in the tabs below. Calculate the production volume variance and indicate whether the variance is favorable (F) or unfavorable (U)

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