Identifying favorable and unfavorable variances. Purdue, Inc., manufactures tires fo...

Identifying favorable and unfavorable variances. Purdue, Inc., manufactures tires for large auto companies. It uses standard costing and allocates variable and fixed manufacturing overhead based on machine-hours. For each independent scenario given, indicate whether each of the manufacturing variances will be favorable or unfavorable or, in case of insufficient information, indicate “CBD” (cannot be determined).