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the 0.02 hours per baguette The Rye Bread Company bakes baguettes for distribution to upscale grocery stores. The company has two direct-cost categories: direct materials and direct manufacturing labor. The Rye Bread Company allocates fixed manufacturing overhead to products on the basis of standard direct manufacturing labor-hours. For 2020, fixed manufacturing overhead was budgeted at $4.00 per direct manufacturing labor-hour. Actual fixed manufacturing overhead incurred during the year was $288,000. Direct manufacturing labor use Variable manufacturing overhead $10.00 per direct manufacturing labor-hour - X Data Table Requirement 1. Prepare a variance analysis of fixed manufacturing overhead cost. Planned (budgeted) output 3,200,000 baguettes Actual production 3,100,000 baguettes Direct manufacturing labor 56,100 hours Actual variable manufacturing overhead $757,350 Begin by completing the table below for the fixed manufacturing overhead that will be used to calculate the va Same Budgeted Lump Sum Actual Costs Flexible Allocated Regardless of Output Level Incurred Budget Overhead Print Done Fixed MOH Requirement 1. Prepare a variance analysis of fixed manufacturing overhead cost. Begin by completing the table below for the fixed manufacturing overhead that will be used to calculate the variances. Same Budgeted Lump Sum Actual Costs Regardless of Flexible Allocated Incurred Output Level Budget Overhead Fixed MOH Now complete the 4-variance analysis using the amounts you calculated above. (If no variance exists leave the dollar value blank. Label the variance as favorable (F), unfavorable (U) or never a variance (N).) 4-Variance Spending Efficiency Production-Volume Analysis Variance Variance Variance Fixed MOH (1) (2) (3)

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