Tipton Company manufactures shirts. During June, Tipton made 1,200 shirts but had budgeted production at 1,400 shirts. Tipton gathered the following additional data: (Click on the icon to view the data.) A Data Table Read the requirements. 13. Calculate the variable overhead cost variance. Select the formula, then enter the amounts and compute the cost variance for variable overhead (VOH) and identify whether the ( l) x 1 = VOH Cost Variance CD -D ) x D -D Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of variable overhead Fixed overhead cost standard Budgeted fixed overhead Actual cost of fixed overhead $0.50 per DLHr 2.00 DLHr per shirt 2,520 DLHO $1,512 $0.25 per DLHO $700 $750 14. Calculate the variable overhead efficiency variance. Select the formula, then enter the amounts and compute the efficiency variance for variable overhead and identify whether the va ]) x VOH Efficiency Variance ]) x [Print [Done Print Done 15. Calculate the total variable overhead variance Choose from any list or enter any number in the input fields and then continue to the next question. Tipton Company manufactures shirts. During June, Tipton made 1,200 shirts but had budgeted production at 1,400 shirts. Tipton gathered the following additional data: (Click on the icon to view the data.) A Data Table Read the requirements. 13. Calculate the variable overhead cost variance. Select the formula, then enter the amounts and compute the cost variance for variable overhead (VOH) and identify whether the ( l) x 1 = VOH Cost Variance CD -D ) x D -D Variable overhead cost standard Direct labor efficiency standard Actual amount of direct labor hours Actual cost of variable overhead Fixed overhead cost standard Budgeted fixed overhead Actual cost of fixed overhead $0.50 per DLHr 2.00 DLHr per shirt 2,520 DLHO $1,512 $0.25 per DLHO $700 $750 14. Calculate the variable overhead efficiency variance. Select the formula, then enter the amounts and compute the efficiency variance for variable overhead and identify whether the va ]) x VOH Efficiency Variance ]) x [Print [Done Print Done 15. Calculate the total variable overhead variance Choose from any list or enter any number in the input fields and then continue to the next