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Creger Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production 1,500 gears Standard machine-hours per gear 5.0 machine-hours

Creger Corporation, which makes landing gears, has provided the following data for a recent month:

Budgeted production 1,500 gears
Standard machine-hours per gear 5.0 machine-hours
Budgeted supplies cost $ 5.60 per machine-hour
Actual production 1,700 gears
Actual machine-hours 9,200 machine-hours
Actual supplies cost (total) $ 49,652

Required:

Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable.

(Input all amounts as positive values.)

Variable overhead rate variance ____ ____

Variable overhead efficiency variance ____ ____

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