See Clear Company manufactures clear plastic CD cases. It applies variable overhead based on the number of machine hours used. Information regarding See Clear€™s overhead for the month of
December follows:

During December, See Clear had the following actual results:
Number of units produced and sold .... 628,000
Actual variable overhead cost ....... $30,240
Actual machine hours ........ 63,000

Required:
Compute See Clear€™s variable overhead rate variance, variable overhead efficiency variance, and over or under-applied variableoverhead.

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Standard Quantity Standard Rate Standard Unit Cost Variable manufacturing overhead 0.1 machine hours per case $0.60 per machine hour $0.06