To be concluded...

TWE Consulting offers professional training programs. There are currently three consultants, Morg Freerman, John Shant and Parker Paulmer. Each consultant costs on average $35 per hour and takes approximately three business days to perform the training program. Assume each program and client is assigned only one consultant. The consultants are expected to work 7.5 hours per business day. Variable overhead costs are based on the amount of consulting hours. The predetermined overhead rate is $13.70 per consulting hour. For the upcoming period, the company expects 290 training programs. At the end of the period, the company incurred $141,750 in consultants' wages and $37,800 in variable overhead costs. There were 260 training programs and the consultants spent a total of 3,150 consulting hours to train the clients. Do not enter dollar signs or commas in the input boxes. Round your answer to 2 decimal places. d) Calculate the variable overhead efficiency variance. Actual Quantity: 3150 Standard Quantity for Actual Output: 5850 Variable Overhead Efficiency Variance: $36990 Favorable