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Chelsea Fabricating applies variable overhead to products on the basis of standard direct labor hours. Presented is selected information for last month when 10,000 units

Chelsea Fabricating applies variable overhead to products on the basis of standard direct labor hours. Presented is selected information for last month when 10,000 units were produced.

Required Solve for items "a" through "h."

Direct labor Variable overhead
Actual Answer Answer
Standard hours/unit Answer Answer
Actual hours (total) 6,500 6,500
Standard rate/hour $36.00 $24.00
Actual rate $37.80
Flexible budget $90,000 $60,000
Labor rate or variable overhead spending variance Answer AnswerUF Answer AnswerUF
Efficiency variances Answer AnswerUF Answer AnswerUF
Total flexible budget variance Answer AnswerUF $4,000 F

Please answer all parts of the question.

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