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 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

• $9,900 unfavorable

• $9,900 favorable

• $22,030 favorable

• $12,130 favorable