TB Problem Qu. 10-239 The following data for November have been provided ...

The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration:

Budgeted production		3,800	drills
Standard machine-hours per drill		9.1	machine-hours
Standard indirect labor	$	8.90	per machine-hour
Standard power	$	2.50	per machine-hour
Actual production		4,000	drills
Actual machine-hours		35,450	machine-hours
Actual indirect labor	$	317,923
Actual power	$	87,510

Required:

Compute the variable overhead rate variances for indirect labor and for power for November. Indicate whether each of the variances is favorable (F) or unfavorable (U).