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Question 9: USE THE FOLLOWING INFORMATION TO ANSWER PROBLEMS XX Company makes watches. It is a standard cost system and carries all inventories at standards. The standard manufacturing based on direct labor hours and are shown below Variable overhead ( 5 hours @12 per direct manufacturing labor hours) $60 The following information is available: 46,000 switches were produced although 40,000 switches were scheduled to be produced o 225,000 direct manufacturing labor hours were worked. o Actual variable manufacturing overhead costs were $2,750,000 o Actual fixed manufacturing overhead costs were $2,950,000; while the budgeted fixed manufacturing overhead were $2,900,000 Required: The Actual VOH is........ The applied VOH is........ Note: (Actual input Quantity_(DL.Hrs) X Budgetd VOH rate)) The Flexible VOH is...... Note:_(Budgeted input Quantity (DLHrs) allowed for actual output Units X Budgeted rate) 3.a. The efficiency variance for variable overhead is $