Fraser Inc., a producer of donut making tools, has provided the following data for June:
Budgeted production tools
Standard machinehours per tool machinehours
Standard indirect labor $ per machinehour
Standard power $ per machinehour
Actual production tools
Actual machinehours machinehours
Actual indirect labor $
Actual power $
Compute the variable overhead rate variance for indirect labor for June.
Compute the variable overhead rate variance for power for June.
Responses should be formatted as a whole number with a dollar sign at the beginning and commas separating appropriate increments. If the variance is favorable, write it as a positive whole number. If the variance is unfavorable, put parentheses around the number ie$ indicates an unfavorable variance and $ indicates a favorable variance Please do not include any words in your response, and please do not include cents ie
Please note that you MUST format your response exactly as directed in order to receive credit. I will give partial credit for correct numbers with incorrect formatting.
