The following standards for variable overhead have been established for a company that makes only one product: 
The following data pertain to operations for the last month: 
Required:
a.What is the variable overhead rate variance for the month?
b.What is the variable overhead efficiency variance for the month?
Definitions:
Q1: The total amount of manufacturing overhead applied
Q11: Shankland Corporation manufactures one product.It does not
Q38: Material price variances are often isolated at
Q80: Darke Corporation makes one product and has
Q108: The total manufacturing overhead is underapplied or
Q170: The following information was taken from the
Q183: Barrom Memorial Diner is a charity supported
Q197: The direct materials in the flexible budget
Q246: Actual costs are determined by plugging the
Q355: The materials quantity variance for January is:<br>A)$305