ces Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from LLL's standard cost card follows: Standard Standard Standard Check my work Variable manufacturing overhead Quantity Rate Unit Cost 0.6 $0.80 $0.48. During August, LLL had the following actual results: Units produced and sold 25,000 Actual variable overhead $ 9,550 Actual direct labor hours 16,600 Required: Compute LLL's variable overhead rate variance, variable overhead efficiency variance, and over- or underapplied variable overhead. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance).) < Prev 3 of 4 Next > L