Barrymore Corporation,which Makes Landing Gears,has Provided the Following Data for a Recent

Essay

Barrymore Corporation,which makes landing gears,has provided the following data for a recent month: $$\begin{array} { | l | r | l | } \hline \text { Budgeted production } & 1,200 & \text { gears } \\\hline \begin{array} { l } \text { Standard machine-hours per } \\\text { gear }\end{array} & 5.9 & \text { machine-hours } \\\hline \text { Budgeted supplies cost } & \$ 6.50 & \begin{array} { l } \text { per machine- } \\\text { hour }\end{array} \\\hline \text { Actual production } & 1,300 & \text { gears } \\\hline \text { Actual machine-hours } & 7,950 & \text { machine-hours } \\\hline \text { Actual supplies cost (total) } & \$ 49,742 & \\\hline\end{array}$$
Required:
Determine the rate and efficiency variances for the variable overhead item supplies and indicate whether those variables are favorable or unfavorable.Show your work!