1.compute the variable efficiency variance

2. compute the direct material price variance

3. calculate variable overhead rate variance. round only final answer

Raine Inc. has provided the following information. Give all variances as a positive number. Round ONLY your final answer to dollars. HINT: first correctly identify your variables as per the study guide Per unit 26.00 45.00 36.00 25.00 132.00 Standards: Direct materials 10 lb @ $2.60/16 Direct labor 2 hours @ $22.50/hour Variable overhead 2 hours @ $18/hour Fixed overhead Total Budgeted production - 7,000 units Actual results Material purchased 74,950 lbs Material used 74,600 lbs Direct labor 15,530 actual hours Variable overhead Fixed overhead Units produced 7,400 units Compute the variable efficiency variance. S192.200 $339,500 $286,600 $171,400