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E9-13 (Algo) Calculating Variable Manufacturing Overhead Variances (LO 9-5) Lamp Light Limited (LLL) manufactures tampshades....

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E9-13 (Algo) Calculating Variable Manufacturing Overhead Variances (LO 9-5) Lamp Light Limited (LLL) manufactures tampshades. It applles variable overhead on the basis of direct labor hours. Information from Let's standard cost card follows: Variable manufacturing overhead Standard Standard Standard Quantity Rate unit post $8.50 $0.48 2000 During August, LLL had the following actual results eru Units produced and sold Actual variable overhead Actual direct labor hours 24,100 59,400 15,100 Required: Compute LLL's variable overhead rate variance, variable overhead emciency variance, and over- or underapplied variable overhead, (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (.e., zero variance).) Check my work Required: Compute LLL's variable overhead rate variance, variable overhead efficiency variance, and over- or underapplied variable overhead (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance).) Variable Overtoad Rato Varianon Variabio Overhead Emclancy Varlanco Variable Overtvad Spending Variano

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