Calculating Variable Manufacturing Overhead Variances Montour Company has determined a standard variable overhead rate of $1.10 per direct labor hour and expects 1 labor hour per unit produced. Last...

Montour Company has determined a standard variable overhead rate of $1.10 per direct labor hour and expects 1 labor hour per unit produced. Last month, Montour incurred 1,900 actual direct labor hours in the production of 2,000 units. The company has also determined that its actual variable overhead rate is $1.20 per direct labor hour. Calculate the variable overhead rate and efficiency variances as well as the total amount of over- or under applied variable overhead.

M10-9 Calculating Fixed Manufacturing Overhead Spending Variance LaPaz Company’s standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $9,000 and budgeted production of 30,000 units. Actual results for the month of October reveal that LaPaz produced 28,000 units and spent $9,200 on fixed manufacturing overhead costs.

Calculate LaPaz’s fixed overhead spending variance.