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

Creger Corporation, which makes landing gears, has provided the following data for a recent month: Budgeted production Standard machine-hours per gear Budgeted supplies cost Actual production Actual machine-hours Actual supplies cost (total) 1,200 gears 4.7 machine-hours $ 5.30 per machine-hour 1,900 gears 9,600 machine-hours Variable overhead rate variance Variable overhead efficiency variance $49,622 Required: Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variances are favorable or unfavorable. (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.)
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Creger Corporation, which makes landing gears, has provided the following data for a recent month: Required: Determine the rate and efficlency variances for the variable overhead item supplies and indicate whether those variances are favorable or unfavorable. (Indicate the effect of eoch variance by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect (i.e., zero varionce). Input all omounts as positive values.)

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