Branch Corp.uses a standard cost system to account for the costs of its one product.Variable overhead is applied using direct labor hours.Standards allowed for each unit are 3 hours of labor at a variable overhead rate of $10.During November,Branch Corp.produced 2,300 units.Payroll totaled $97,780 for 7,140 hours worked.Variable overhead incurred totaled $73,230.Calculate the:
a.variable overhead rate variance.
b.variable overhead efficiency variance.

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The Answer of Branch Corp.uses a standard cost system to account for the costs of its one product.Variable overhead is applied using direct labor hours.Standards allowed for each unit are 3 hours of labor at a variable overhead rate of $10.During November,Branch Corp.produced 2,300 units.Payroll totaled $97,780 for 7,140 hours worked.Variable overhead incurred totaled $73,230.Calculate the:
a.variable overhead rate variance.
b.variable overhead efficiency variance.