Print Marked out of Question 3 Incomplete answer 1.00 P Flag question Variable Overhead Variances Morgan Tax Company considers 6,000 direct labor hours or 300 tax returns its normal monthly capacity. Its standard variable overhead rate is $8 per direct labor hour. During the current month, $40,400 of variable overhead cost was incurred in working 5,600 direct labor hours to prepare 270 tax returns. Determine the following variances, and indicate whether each is favorable or unfavorable: Support Determine the following variances: Do not use negative signs with any of your answers. Next to each variance answer, select either "F" for Favorable or "U" for Unfavorable. Variable Overhead Variances Actual cost: Split cost: Standard cost: 0 a. Variable overhead spending $ 0 b. Variable overhead efficiency $ Please answer all parts of the question. Previous Save Answers Next