LG Home - LookingGlass X D2L Chapter 9 Homework - 11629 AC X Question 6 - Chapter 9 Homewol X Course Hero X + V X > C a ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%2525%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FlmsC.. Tax and Wage System.. Monstaliner do-it-y... ww Waste Management Login - Time Clock MyPima FleetLocate DES Emergency Re.. * Schedule of Classes.. Verizon Business Ac... M Gmail Maps D2L SCHOOOOL Chapter 9 Homework Saved Help Save & Exit Submit Check my work 6 E9-10 (Algo) Calculating Variable Overhead Variances [LO 9-5] Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: 2 points Standard Unit Standard Quantity Standard Price (Rate) Cost Direct materials (plastic) 14 square foot $ 0.80 per square foot $ 11.20 eBook Direct labor 0.25 hour $ 12.40 per hour 3.10 Variable manufacturing overhead (based on direct labor hours) 0. 25 hour $ 1.60 per hour 0.40 Hint Fixed manufacturing overhead ($519, 680 : 928, 000 units) 3.56 Print Parker Plastic had the following actual results for the past year: References Number of units produced and sold 1, 220, 000 Number of square feet of plastic used 12, 300, 090 Cost of plastic purchased and used $ 8, 610,000 Number of labor hours worked 326, 000 Direct labor cost $ 3,912, 000 Variable overhead cost $ 1, 240, 000 Fixed overhead cost $ 383, 000 Required: Calculate Parker Plastic's variable overhead rate and efficiency variances and its over- or underapplied variable overhead. Note: 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 Mc Graw Hill 10:18 PM Clear Q Search 11/16/2022 5