Osage, Inc. Part 2: Use the detailed data below and compute the following variances: 1. DM Rate Variance 2. DM Efficiency Variance 3. DL Rate Variance 4. DL Efficiency Variance 5. VOH Rate Variance 6. VOH Efficiency Variance Lamps (units) DM pounds per unit DL hours per unit DM Cost per pound DL Cost per hour Variable Mfg. Overhead (per DL hour) Actual Quantities, Prices, & Costs 450,000 0.40 0.05 $8.00 $12.20 $30.00 Budgeted Quantities, Prices, Costs 480,000 0.30 0.08 $10.00 $8.75 $16.25