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For the 6 questions, please indicate whether they're FAVOURABLE, UNFAVOURABLE OR NEITHER Question 24 Rondell Company uses a standard cost system. Indirect costs were budgeted

For the 6 questions, please indicate whether they're FAVOURABLE, UNFAVOURABLE OR NEITHER

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Question 24 Rondell Company uses a standard cost system. Indirect costs were budgeted at $197,600 plus $14 per direct labour hour. The overhead rate is based on 10,400 hours. Actual results were: Standard direct labour hours allowed 9,080 Actual direct labour hours 10,400 Fixed overhead $188,900 Variable overhead $183,400 Calculate the fixed overhead production volume variance. Fixed overhead production volume variance $ Neither favourable nor unfavourable Unfavourable Favourable Calculate the variable overhead spending variance. Variable overhead spending variance $ Calculate the variable overhead efficiency variance. Variable overhead efficiency variance Calculate the fixed overhead production volume variance. Fixed overhead production volume variance $ Calculate the variable overhead spending variance. Variable overhead spending variance Calculate the variable overhead efficiency variance. Variable overhead efficiency variance Calculate the over- or underapplied overhead. Overhead over-applied under-applied

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