Wilson Products uses standard costing. It allocates manufachuring overhead (beth variablo and fixed) to products on the basin of standard direct manufacturing labor hours (DUH). (1) (Click the icon to view addisional informasion.) The actual costs, compered with the arrual tuggent and 112 of the anrual budget, ans = followes: (Cick the icon to viow the data) 1. Caicutate total manufacturing evechead costs allocated Begin by eomputing the budgeted hours per unit. Determine the formula, then comgute the anount Now calculate the remaining liated amounts for Wilson Products for May 2017. Be sure to identfy each varlance as favorablo (F) or unfovorabie (U). 2. The variable manufacturing overhead spending variance is 3. The fixed manufacturing overhead spending varianco is 4. The variable manufacturing overhead efficiency variance is 5. The production-volume variance is Data table.