ACC 561Question 13-48Study Appendix 13. Consider the following data for the Rive

ACC 561Question 13-48Study Appendix 13. Consider the following data for the Rivera Company:Overhead VariancesACC 561Q13-48Study Appendix 13Question 13-48 Overhead Variances on p. 622ACC 561Q13-48Rivera Company3. Individual Assignment: Text ExercisesQuestion 13-48 Overhead Variances on p. 622Axia College of University of Phoenix (UoP)Introduction to Management Accounting:Horngren C. T. Sundem G. L. Stratton W. O. Burgstahler D. & Schatzberg J. (2008).Introduction to Management Accounting (14th ed.). Upper Saddle River New Jersey: Pearson-Prentice Hall.Complete the following Problem Sets from the text. Show your work.13-48 Overhead VariancesStudy Appendix 13. Consider the following data for the Rivera Company:Factory OverheadFixed VariableActual incurred $14200 $13300Budget for standard hours allowedfor output achieved 12500 11000Applied 11600 11000Budget for actual hours of input 12500 11400From the above information fill in the blanks below. Be sure to mark your variances F forfavourableand U for unfavorable.a. Flexible-budget variance $______ Fixed $______Variable $______b. Production-volume variance $______ Fixed $______Variable $______c. Spending variance $______ Fixed $______Variable $______d. Efficiency variance $______ Fixed $______Variable $______