Question: E9-11 Calculating Variable Manufacturing Overhead Variances (LO 9-5) Lamp Light Limited (LLL) manufactures lampshades. apples variable overtoad on the basis of direct labor hour. Information

 E9-11 Calculating Variable Manufacturing Overhead Variances (LO 9-5) Lamp Light Limited

E9-11 Calculating Variable Manufacturing Overhead Variances (LO 9-5) Lamp Light Limited (LLL) manufactures lampshades. apples variable overtoad on the basis of direct labor hour. Information from LLL's standard cost card follows: Standard Standard Standard Quantity Rate Unt Cost SO 80 50.48 Variable manufacturing overhead Duning August, LLL had the following actual results: Units produced and sold Actual variable overhead Actual direct labor hours 25,200 $ 9.510 18.200 Required: Compute LLL's variable overhead rate variance variable overhead officiency variance, and over or underapplied variable overhead. Do not round Intermediate calculations Indicate the effect of each variance by selecting "F* for FavorableOverapplied and "Ufor Unfavorable/Underapplied.) Variable Overhead Rate Variance Variable Overhead Eficiency Variance Variable Overhead Spending Variance

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