Chapter 10F nal 15 [LO10-1, LO10-2, LO10-3 (The following information applies to the questions displayed below.) points actually produced and sold 34,000 units and incurred the following costs: t a cost of $6.80 per pound. All of this material was used in production. b. Direct laborers worked 71,000 hours at a rate of $17 per hour c. Total variable Foundational 10-8 Foundational 10-9 9. What is the labor rate variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) Foundational 10-10 10. What is the labor efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" fo unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) bor e Foundational 10-11 11. What is the labor spending variance for March? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) ending var Foundational 10-12 12. What variable manufacturing overhead cost would be included in the company's planning budget for March? Foundational 10-14 14. What is the variable overhead rate variance for March? (Round the actual overhead rate to two decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) rate Foundational 10-15 15. What is the variable overhead efficiency variance for March? (Round the actual overhead rate to two decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.)