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GlavIne & Company produces a single product, each unit of which requires three direct labor hours (DLHs). Practical capacity (for setting the factory overhead application

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GlavIne \& Company produces a single product, each unit of which requires three direct labor hours (DLHs). Practical capacity (for setting the factory overhead application rate) is 38,000DLHs, on an annual basis. The Information below pertains to the most recent year: Required: 1. What was the actual number of direct labor hours (DLHs) worked during the year? 2. What was the standard varlable overhead rate per DLH during the year? 3. What was the total overhead application rate per direct labor hour (DLH) during the year? 4. What was the total actual overhead cost Incurred during the year? 5. What was the Production Volume Varlance for the year? Was this varlance favorable (F) or unfavorable (U)? 6. What was the total Overhead Spending Varlance for the year? Was this varlance favorable (F) or unfavorable (U)

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