QUESTION 15 The Labor Budget indicates that 4,400 direct labor hours will be required in January at a cost of $88,000. The variable overhead rate is $13.00 per direct labor hour. The company's fixed overhead is $60,000. What is the budgeted overhead cost for January? a. $117,200 b. $148,000 c. $57,200 d $60,000 QUESTION 16 What is the most likely result of hiring poorly trained direct laborers? aFavorable overhead efficiency variance. b. Unfavorable material price variance. Favorable labor efficiency variance. d Unfavorable material quantity variance