Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from LLLs standard cost card follows: Standard Quantity Standard Rate Standard Unit Cost Variable manufacturing overhead 0.6 $0.80 $0.48 During August, LLL had the following actual results: Units produced and sold 24,700 Actual variable overhead $ 9,460 Actual direct labor hours 15,700

Required: Compute LLLs variable overhead rate variance, variable overhead efficiency variance, and over or under applied variance