1. Creger Corporation, which makes landing gears, has provided the following data for a recent month:

Budgeted production		2,300	gears
Standard machine-hours per gear		5.8	machine-hours
Budgeted supplies cost	$	6.40	per machine-hour
Actual production		1,300	gears
Actual machine-hours		8,000	machine-hours
Actual supplies cost (total)	$	49,732

Required:

Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable.

(Input all amounts as positive values.)

2. The following labor standards have been established for a particular product:

Standard labor hours per unit of output		4.1	hours
Standard labor rate	$	17.00	per hours

The following data pertain to operations concerning the product for the last month:

Actual hours worked		5,500	hours
Actual total labor cost	$	94,050
Actual output		1,200	units

Required:

a. What is the labor rate variance for the month?

b. What is the labor efficiency variance for the month?

(Input all amounts as positive values.)

I will make sure to rate the answer well if it is completed.