The predetermined manufacturing overhead rate is $16per direct labor hour ($40.002.50). It was computed from a master manufacturing overhead budget based on normal production of15000direct labor hours (6000units) for the month. The master budget showed total variable costs of $120000($8.00per hour) and total fixed overhead costs of $120000($8.00per hour). Actual costs for October in producing4100units were as follows.The purchasing department buys the quantities of raw materials that are expected to be used in production each month. Raw materials inventories therefore can be ignored.(a)Compute all of the materials and labor variances.(Round answers to 0 decimal places e.g. 125.)(b)Compute the total overhead variance.Click here if you would like to Show Work for this question

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