Question 1:

Question 2:

ABC Inc. spent a total of $49,600 on factory overhead. Of this, $30,000 was fixed overhead. ABC Inc. had budgeted $29,000 for fixed overhead. Actual machine hours were 5,000. Standard hours for units made were 4,700. The standard variable overhead rate was $4.00. What is the variable overhead rate variance? Enter the amount as positive number. Variable overhead rate variance $ Favorable Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,200 Budgeted fixed factory overhead costs $41,800 Activity level, in direct labor hours 15,200 Actual direct labor hours 18,100 Standard hours for output this period 17,200 Total factory overhead rate $4.40 What is the variable overhead efficiency variance? Enter the amount as positive number. Variable overhead efficiency variance $1 Unfavorable