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What is the variable overhead rate variances

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Given -

Budgeted production 5,100 drills

Standard machine-hours per drill 10.4 machine-hours

Standard indirect labor $10.20 per machine-hour

Standard power $3.80 per machine-hour

Actual production 5,300 drills

Actual machine-hours 36,750 machine-hours

Actual indirect labor $378,595

Actual power $137,200

What is the variable overhead rate variances for indirect labor and for power?

Reference no: EM132435833

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