The following standards for variable overhead have been established for a company that makes only one product:

Standard hours per unit of output	5.6	hours
Standard variable overhead rate	$14.00	per hour

The following data pertain to operations for the last month:

Actual hours	9,300	hours
Actual total variable overhead cost	$125,110
Actual output	1,650	units

Required:
a.	What is the variable overhead rate variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)

Variable overhead rate variance

b.

What is the variable overhead efficiency variance for the month? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)

Variable overhead efficiency variance