Elements of Labor and Variable Overhead Variances 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 a. 238,140 15,000 Actual b. $ 90,000 b.$ 36 Standard hours/unit Actual hours (total) Standard rate/hour Actual rate Flexible budget Labor rate or variable overhead spending 6,300 $36.00 $37.80 $90,000 6,300 $24.00 $60,000 C. $ 11,340 U g. variance 136,800 U h. $ 800 Efficiency variances U Total flexible budget variance $3,000 Check