Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from LLC's standard cost card follows: Standard Standard Standard Quantity Rate Unit Cost 0.6 50.80 $0.48 Variable snufacturing verhead During August, LLL had the following actual results: Units produced and sold Actual variable overhead Actual direct labor hours 26,100 $ 9,570 16,000 Required: Compute LLLs variable overhead rate variance, variable overhead efficiency variance, and over or underapplied variable overhead (Do not round intermediate calculations, Indicate the effect of each variance by selecting "f" for favorable, "U" for unfavorable, and "None" for no effectie., zero variance).) Variable Overhead Rate Variance Variable Overhead Ellicency Variance Variable Overhead Spending Variance U I Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from LLC's standard cost card follows: Standard Standard Standard Quantity Rate Unit Cost 0.6 50.80 $0.48 Variable snufacturing verhead During August, LLL had the following actual results: Units produced and sold Actual variable overhead Actual direct labor hours 26,100 $ 9,570 16,000 Required: Compute LLLs variable overhead rate variance, variable overhead efficiency variance, and over or underapplied variable overhead (Do not round intermediate calculations, Indicate the effect of each variance by selecting "f" for favorable, "U" for unfavorable, and "None" for no effectie., zero variance).) Variable Overhead Rate Variance Variable Overhead Ellicency Variance Variable Overhead Spending Variance U