WRM produces a specialized machine part used in forklifts. For last years operations, the following data were gathered:

UNITS PRODUCED: 60,000 UNITS

ACTUAL VARIABLE OVERHEAD: $150,000

DIRECT LABOR: 30,000 HOURS AT $9.00 PER HOUR

The company employs a standard costing system. During the year, a variable overhead rate of $4.50 was used. The labor standard requires a half hour per unit produced. What is the variable overhead efficiency variances? Show your calculations.

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WRM produces a specialized machine part used in forklifts. For last year's operations, the following data were gathered. Units produced: 60,000 units Actual variable overhead: S150,000 Direct labor: 30,000 hours @ $9.00 per hour The company employs a standard costing system. During the year, a variable overhead rate of $4.50 per hour was used. The labor standar requires a half hour per unit produced. What is the variable overhead efficiency variances? Show your calculations