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24 Venus Company applies overhead based on direct labor hours. The variable overhead standard is 11.00 hours at $4.50 per hour. During October, Venus Company
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Venus Company applies overhead based on direct labor hours. The variable overhead standard is 11.00 hours at $4.50 per hour. During October, Venus Company spent $212,600 for variable overhead. 49,940 labor hours were used to produce 4,740 units. What is the variable overhead efficiency variance?
Multiple Choice
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$9,900 unfavorable
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$9,900 favorable
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$22,030 favorable
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$12,130 favorable
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