Question 6 ot 10 100 points Lamp Light Limbed LLL manufactun

Question 6 (ot 10) 1.00 points Lamp Light Limbed (LLL) manufactunes lampshades. applies variable overhead on the basis of direct labor 06 9,420 Compute LLL\'s variable overmead rate variance, variable overhead efficiency varianoe, and over- or underapplied variable overhead. (Do not round intermediate calculations. Indicate the effect of each varlance h for Hint#1

Solution

Variable overehead rate variance (actual rate - standard rate)* actual hrs (9420   - .80*15300 2,820 F answer Variable overhead efficiency variance (actual hours - standard hr)*stndard rate (15300    - 24300*.6)*.80 576 U answer variable overhead spending variance 2820F - 576U 2,244 F answer