19. The following standards for variable overhead have been established for a company that makes only one product:

Standard hours per unit of output	4.9	hours
Standard variable overhead rate	$15.00	per hour

The following data pertain to operations for the last month:

Actual hours	8,600	hours
Actual total variable overhead cost	$125,040
Actual output	1,740	units

Required:
a.	What is the variable overhead rate variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)

b.

What is the variable overhead efficiency variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.)

20. Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales	$17,810,000
Net operating income	$783,640
Average operating assets	$4,640,000

The division's margin is closest to: (Round your answer to 1 decimal place.)

16.9%

4.4%

18.1%

22.5%

21. Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales	$17,910,000
Net operating income	$1,199,970
Average operating assets	$4,250,000

The division's turnover is closest to: (Round your answer to 2 decimal places.)

14.93

4.21

0.28

3.54

22. Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales	$17,860,000
Net operating income	$1,125,180
Average operating assets	$4,970,000

The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)

6.30%

22.64%

18.79%

3.30%