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Business, 07.04.2020 20:11 sandrafina2004

Highfill Corporation's variable overhead is applied on the basis of direct labor-hours. The standard cost card for product D80D specifies 6.5 direct labor-hours per unit of D80D. The standard variable overhead rate is $6.80 per direct labor-hour. During the most recent month, 1,300 units of product D80D were made and 8,500 direct labor-hours were worked. The actual variable overhead incurred was $60,290.

Required:

A. What was the variable overhead rate variance for the month?

B. What was the variable overhead efficiency variance for the month?

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