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E9-11 Calculating Variable Manufacturing Overhead Variances LO 9-5] Lamp Light Limited (LLL) manufactures lampshades. It applies variable overnead on the basis of direct labor hours.
E9-11 Calculating Variable Manufacturing Overhead Variances LO 9-5] Lamp Light Limited (LLL) manufactures lampshades. It applies variable overnead on the basis of direct labor hours. Infomation trom LLL's standard cost card followNS Quantity R Lnit Cost 50.80 Variable maniacring 0.5 50.48 ovarhaa During August LLL had the tolowing actual results Unis produced and scld Actual veriable overhead chual diract labar hours 24.200 5 9,410 15.200 Required Compute LLL's varlable overhead rate varlance, varlable ovemead emclency varlance, and over-or underapplied varlable ovemead. (Do not round Intemedlate calculations. Indicate the effect of each varlance by selecting "F" for FavorablelOverappled and "U" for Variahisvermaad Hae Variance Variable Overhead Eticy Varance Varieble Overhead Spending Verience
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