The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration: Budgeted production Standard machine-hours per drill Standard indirect labor Standard power Actual production Actual machine-hours Actual indirect labor Actual power Indirect labor Power 5,300 drills 10.6 machine-hours $10.40 per machine-hour $ 4.00 per machine-hour 5,500 drills 36,950 machine-hours Required: Compute the variable overhead rate variances for indirect labor and for power for November. Indicate whether each of the variances is favorable (F) or unfavorable (U). Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Variable Overhead Rate Variance $ 388,969 $ 144,410

The following data for November have been provided by Hunn Corporation, a producer of precision drills for oll exploration: Required: Compute the variable overhead rate vanances for indirect labor and for power for November. Indicpte whether each of the variances is favorable (F) or unfavorable (U). Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero veriance). Input all amounts as positive values