Balladares Inc.has a standard cost system.Variable manufacturing overhead is applied to products on the basis of direct labor-hours.The standard for variable manufacturing overhead is 0.10 hours at $6.30 per hour.The company has reported the following actual results for the product for May:
Required:
a.Compute the variable overhead rate variance for May.
b.Compute the variable overhead efficiency variance for May.
Definitions:
Migrants
Individuals who move from one region or country to another, often for reasons such as employment, better living conditions, or to escape conflict.
Human Resource Information System (HRIS)
A software or online solution used to manage employee data, payroll, recruitment, and other human resource functions.
Workforce Planning
The process of analyzing an organization's future workforce needs and determining the necessary actions to meet those needs.
Company Intranet
A private network accessible only to an organization's staff, often used to share information, operational systems, or computing services within the organization.
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