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Lamp Light Limited ( LLL ) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from LLL ' s standard

Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information
from LLL's standard cost card follows:
During August, LLL had the following actual results:
Required:
Compute LLL's variable overhead rate variance, variable overhead efficiency variance, and over- or underapplied variable
overhead.
Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, "U" for
unfavorable, and "None" for no effect (i.e., zero variance).
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