Microsoft Word - Syllabus F1910 Ch16 Homework Part 2 x + Intex | Microsoft Word - Fall 2019 intern oogle or type a URL DARKER THAN mework Part 20 Saved Help Save & Exit Submit Check my work Exercise 16-38 (Algo) Variable Cost Variances (LO 16-5) The following data reflect the current month's activity for Vickers Corporation. Actual total direct labor Actual hours worked Standard labor-hours allowed for actual output (flexible budget) Direct labor price variance Actual variable overhead Standard variable overhead rate per standard direct labor-hour $633,240 36,000 35,000 $ 14,760 F $149,800 $ 4.20 Variable overhead is applied based on standard direct labor-hours allowed. Required: Compute the labor and variable overhead price and efficiency variances. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) Direct labor: Type here to search 12/10/2019