3 Check my work 7 E9-13 (Algo) Calculating Variable Manufacturing Overhead Variances (LO 9-5) 2 points Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from LLL's standard cost card follows: Standard Standard Standard Quantity Rate Unit Cost Variable manufacturing overhead 0.6 $0.80 $0.48 eBook Hint During August, LLL had the following actual results: Print Units produced and sold 26,300 Actual variable overhead $ 9,590 Actual direct labor hours 17,600 References Required: Compute LLL's variable overhead rate variance, variable overhead efficiency variance, and over- or underapplied variable overhead. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overhead Spending Variance