Standish Company manufactures consumer products and provided the following information for the month of February:

Required:

Calculate the variable overhead spending variance using the formula approach. $($If you compute the actual variable overhead rate, carry your computations out to five significant

digits and round the variance to the nearest dollar.$)$

$

Calculate the variable overhead efficiency variance using the formula approach.

$

What if $26,100$ direct labor hours were actually worked in February? What impact would that have had on the variable overhead spending variance?

The variable overhead spending variance

What impact would that have had on the variable overhead efficiency variance?

The variable overhead efficiency variance