Calculate the variable overhead rate variance, calculate the variable overhead effciency variable, and the variable overhead spending variance

Parker Plastic, Inc., manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows: 14 Standard Standard Quantity = Standard Price (Rate) Unit Cost $9.72 3.39 O. 84 ints eBook Hint print 314, eee 89e,eeo 371, eee Direct materials (plastic) Direct labor Variable manufacturing overhead (based on direct labor hours) Fixed manufacturing overhead ($4e3,04e + 916,eee units) 9 sq ft. e.3 hr. e. 3 hr. $ 1.8 per sq. ft. $11.30 per hr. $ 2.8e per hr. e .44 Parker Plastic had the following actual results for the past year: Number of units produced and sold Number of square feet of plastic used Cost of plastic purchased and used Number of labor hours worked Direct labor cost Variable overhead cost Fixed overhead cost Required: 1, lee, eee 11, 7ee, eee $ 12,870, eee Calculate Parker Plastic's variable overhead rate and efficiency variances and its over- or underapplied variable overhead. (Do not