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Venus Company applies overhead based on direct labor hours. The variable overhead standard is 9 hours...

Venus Company applies overhead based on direct labor hours. The variable overhead standard is 9 hours at $4.60 per hour. During October, Venus Company spent $236,800 for variable overhead. 52,940 labor hours were used to produce 5,900 units. What is the variable overhead rate variance?

Multiple Choice

  • $736 favorable

  • $7,460 favorable

  • $736 unfavorable

  • $6,724 favorable

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