makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.1 hours per unit. The variable overhead rate standard $8.00 per hour. In January the company produced 8,700 units using 910 direct labor-hours. The actual variable overhead rate was $7.90 per hour. The variable overhead rate variance for January is: Select one: a. $87 U b. $91 U c. $87 F d. $91 F has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate Variable manufacturing overhead 0.20 hours $6.70 per hour The company has reported the following actual results for the product for May Actual output 9,300 units 1,820 hours Actual direct labor-hours Actual variable overhead cost $ 12,558 The variable overhead efficiency variance for the month is closest to: Select one: @a. $268 F b. $276 U c. $268 U d. $276 F