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:

 Standard Quantity Standard Rate Standard Unit CostVariable manufacturing overhead 0.6 $0.80 $0.48

During August, LLL had the following actual results:

Units produced and sold  26,100Actual variable overhead $9,570Actual direct labor hours  16,800

Required:

Compute LLL's 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 effect (i.e., zero variance).)

Variable Overhead Rate Variance Variable Overhead Efficiency Variance Variable Overhead Spending Variance