answes are NOT $2482 and $1064 The following data for November have...
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answes are NOT $2482 and $1064
The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration: Budgeted production Standard machine-hours per drill Standard indirect labor Standard power $ $ 3.800 drills 9.1 machine-hours 8.90 per machine-hour 2.50 per machine-hour Actual production Netual Machine-hours Retual Indirect labor Retual power 4,000 drus 35,450 mehine-hours $317.923 $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). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values.) Indirect labor Power Variable Overhead Rate Variance $2.482U $ 1,0647
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