Kingbird Company uses a standard cost system. Indirect costs were budgeted at $181,800 plus $13 per direct labour hour. The overhead rate is based on 10,100 hours. Actual results were: Standard direct labour hours allowed Actual direct labour hours Fixed overhead Variable overhead Variable overhead efficiency variance 8,620 $ 10,100 Calculate the variable overhead efficiency variance. $170,000 $164,000

Kingbird Company uses a standard cost system. Indirect costs were budgeted at $181,800 plus $13 per direct labour hour. The overhead rate is based on 10,100 hours. Actual results were: Calculate the variable overhead efficiency variance. Variable overhead efficiency variance Calculate the variable overhead spending variance