54 Branch Corp uses a standard cost system to account for the costs of its one...

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54 Branch Corp uses a standard cost system to account for the costs of its one product Variable overhead is applied using direct labor hours. Standards allowed for each unit are 2.8 hours of labor at a vanatie overhead rate of $11. During November, Branch Corp produced 2.250 units Payroll totaled $97,800 for 7350 hours worked Variable overhead incurred totaled $81.300 a. Calculate the variable overhead rate variance (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (e, zero variance) Hate Vanane b. Calculate the variable overhead efficiency variance. (Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Efficiency Variance 54 Branch Corp uses a standard cost system to account for the costs of its one product Variable overhead is applied using direct labor hours. Standards allowed for each unit are 2.8 hours of labor at a vanatie overhead rate of $11. During November, Branch Corp produced 2.250 units Payroll totaled $97,800 for 7350 hours worked Variable overhead incurred totaled $81.300 a. Calculate the variable overhead rate variance (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (e, zero variance) Hate Vanane b. Calculate the variable overhead efficiency variance. (Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) Efficiency Variance