Question $4$

Incomplete answer

Marked out of $9\mathrm{.}09$

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 $$5$ per direct labor hour. During the current month, $$25,400$ 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:

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.

$\backslash$table$[[$Variable Overhead Variances$],[$Actual cost:$,$$$,0,],[$Split cost:$,$$$,0,],[$Standard cost:$,$$$,0,],[$a$.$ Variable overhead spending,$$,0,],[$b$.$ Variable overhead efficiency,$$,0,]]$

Please answer all parts of the question.