The following data for March have been provided by Fickling Corporation, a producer of precision drills for oil exploration: 
Required:
Compute the variable overhead rate variances for indirect labor and for power for March. Indicate whether each of the variances is favorable (F) or unfavorable (U). Show your work!
Definitions:
Intelligence Test
A standardized assessment tool designed to measure a person's cognitive abilities and potential.
Osmoregulation
The process by which organisms maintain the balance of water and electrolytes in their bodies to sustain life.
Marine Invertebrate
Organisms without a backbone living in marine environments.
Freshwater
Water that contains minimal amounts of dissolved salts, found in rivers, lakes, streams, and groundwater, essential for drinking, agriculture, and habitat for many organisms.
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