The budgeted variable manufacturing overhead rate is $4.30 per direct labor-hour

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The budgeted variable manufacturing overhead rate is $4.30 per direct labor-hour During July, the company incurred $48,672 in variable manufacturing overhead cost. Compute the variable overhead efficiency and rate variances for the month (Input all amounts as positive values. Do not round intermediate calculations. Round Your final answer to the nearest dollar amount. Levels no cells blank-be certain to enter "0" wherever required .Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance) )

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