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Sharp Company manufactures jeans. In June, Sharp made 1200 pairs of jeans, but had budgeted production at 1400 paits of jeans. The allocation base for

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Sharp Company manufactures jeans. In June, Sharp made 1200 pairs of jeans, but had budgeted production at 1400 paits of jeans. The allocation base for overhead costs is direct labor hours. The following additional data is available for the month: Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of variable overhead Fixed overhead cost standard AED 0.60 per DLHO 2.00 DLHr per jean 2,520 DLHO AED 1,512 AED 0.25 per DLHO AED 700 Budgeted fixed overhead Actual cost of fixed overhead AED 750 1 Kalculate the following variances (20 Points) 1. Variable overhead cost variance AED (F) or (0) Path Normal Text

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