Assume the following: The variable portion of the predetermined overhead rate is $3.00 per direct labor-hour. The standard labor-hours allowed per unit of finished goods is 3 hours. The actual quantity of labor hours worked during the period was 44,000 hours. The total actual variable manufacturing overhead cost for the period was $63,000. The company produced 15,000 units of finished goods during the period. What is the variable overhead efficiency variance

On january 1, 2017, pearl inc. purchased a piece of equipment with a list price of $60,000. the following amounts were related to the equipment purchase: terms of the purchase were 2/10, net 30. pearl paid for the purchase on january 8. freight costs of $1,000 were incurred. a state agency required that a pollution control device be installed on the equipment at a cost of $2,500. during installation, the equipment was damaged and repair costs of $4,000 were incurred. architect's fees of $4,700 were paid to redesign the work space to accommodate the new equipment. pearl purchased liability insurance to cover possible damage to the asset. the three-year policy cost $8,000. pearl financed the purchase with a bank loan. interest of $3,000 was paid on the loan during 2016. determine the acquisition cost of the equipment.