1. Buis Corporation, which makes landing gears, has provided the following data for a recent...
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1. Buis Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production. Standard machine-hours per gear.. Budgeted supplies cost. Actual production. Actual machine-hours.. Actual supplies cost (total). 1,200 gears 5.9 machine-hours $6.50 per machine-hour 1,300 gears 7,950 machine-hours $49,742 Required: Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable. Show your work
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