Business, 07.08.2021 02:20 mirmir62

The following standards for variable overhead have been established for a company that makes only one product: Standard hours per unit of output 6.7 hours
Standard variable overhead rate $13.50 per hour
The following data pertain to operations for the last month:
Actual hours 9,600 hours
Actual total variable overhead cost $125,220
Actual output 1,420 units
Required:
a. What is the variable overhead rate variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e., zero variance). Omit the "$" sign in your response.)
Variable overhead rate variance $ (Click to select)FUNone
b. What is the variable overhead efficiency variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i. e., zero variance). Omit the "$" sign in your response.)
Variable overhead efficiency variance $ (Click to select)FUNone

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The following standards for variable overhead have been established for a company that makes only on...