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Chillco Corporation produces containers of frozen food. During Aprili, Chillco produced 805 cases of food and incurred the following actual costs. Overhead is budgeted and

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Chillco Corporation produces containers of frozen food. During Aprili, Chillco produced 805 cases of food and incurred the following actual costs. Overhead is budgeted and applied using direct-labor hours in a standard costing system. Standard cost and annual budget information are as follows: Required: Compute the following cost variances from the avallable data. (Indicate the effect of eoch variance by selecting "Favorable" or "Unfavorable". Select "None" and enter " 0 " for no effect (i.e., zero variance). Do not round intermediate calculations.) Compute the following cost variances from the avallable data. (Indicate the effect of each varionce by selecting "Favorable" or "Unfavorable". Select "None" and enter "O" for no effect (i.e., zero variance). Do not round intermediate calculations.)

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