Q6: Given the following data to calculate variable overhead variances
Actual inputs
Actual hours	200
Actual rate	$12.00
Standards
Standards hours	190
Standard rate	$10.00
Find the budget variance and efficiency variance for variable overhead
What actual rate would make the total variable overhead equal to zero
Q7: NIL Manufacturing company uses a standard costing system.
You found the following information regarding direct labor for Product A for January.
Standard hours allowed for actual production						1,000
The actual rate paid per hour						$6.20
The standard rate per hour						$6.00
Labor efficiency variance, unfavorable (UF)						$300.00
What were the actual hours worked?

Q8: Information on SIL Comp direct labor costs for January is as follows:
Actual direct labor rate	$8.00
Standard direct labor hours allowed	12,000
Actual direct labor hours	10,000
Direct labor rate variance, favorable	$2,500.00
Find the standard direct labor rate in January

Q9. Given the following data for an investment division of ABC Company

Average working capital $500,000

General and administrative expenses $300,000

Property, plant and equipment $1,500,000

Cost of goods sold $600,000

Return on sales = 25%

Find Return on investment and investment turnover