The Faraday Plant of Hindle, Inc. shows the following overhead information for the current period:

Required

What are the variable overhead price and efficiency variances and the fixed overhead price variance?

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Actual overhead incurred. Budgeted fixed overhead Standard variable overhead rate per direct labor-hour.. Standard hours allowed for actual production... Actual labor-hours used. $630,000 ($165,600 fixed and $464,400 variable) $168,480 (8,640 direct labor-hours budgeted) $45 10,080 hours 10,440 hours