(Chapter 11 -Saved to my Mas Team Exercise Design Layout References Malings - 2 AA AA EE 33 41 Herman Company Herman Company's variable overhead is applied on the basis of direct labor hours. The standard cost card specifies 3 direct labor hours per unit of its product. The standard variable overhead rate is $5 per direct labor hour. Last quarter, Herman actually produced 10,000 units of product. The company's accounting records show its variable overhead efficiency variance was $5,000 unfavorable and variable overhead rate variance was $12,000 favorable. What was Herman's actual variable overhead during last quarter? Reedy Company Reedy Company manufactures desks with vinyl tops. Last month, Reedy purchased and used 3,200 square feet vinyl at a total cost of $63,200 to produce 800 desks. The total standard cost for the vinyl used in the production is $70,840. The standard cost card shows that each desk should use 4.6 square feet of vinyl. What is the material price variance for the month? English MacBook Pro 4 B IU A JE TE 00. W