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Value 0.86 points Brice Corporation shows the following overhead information for the current period: Actual overhead incurred Budgeted fixed overhead Standard variable overhead rate per

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Value 0.86 points Brice Corporation shows the following overhead information for the current period: Actual overhead incurred Budgeted fixed overhead Standard variable overhead rate per direct labor-hour Standard hours allowed for actual production Actual labor-hours used $1,053,800 ($277,900 fixed and $775,900 variable) $ 284,600 (23,500 direct labor-hours budgeted) $ 29.45 27,100 hours 28,000 hours Required: What are the variable overhead price and efficiency variances and the fixed overhead price variance? (Indicate the effect of each varia effect, do not select either option.) Variable overhead: Price variance Efficiency variance Fixed overhead: Price variance

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