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ASAP HELP PL Venus Company applies overhead based on direct labor hours. The variable overhead standard is 24 hours at $3.50 per hour. During October,

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Venus Company applies overhead based on direct labor hours. The variable overhead standard is 24 hours at $3.50 per hour. During October, Venus Company spent $160,324 for variable overhead, and 47,580 labor hours were used to produce 3,050 units. What is the variable overhead rate variance? Note: Do not round intermediate calculation. Multiple Choice 56.206 unfovorable $12,412 favorable $2.120 favorable $6,206 fovorable Bonnle Company applies overhead based on machine hours. The variable overhead standard is 15 hours at $10 per hour. During March, Bonnie spent $253,300 for variable overhead, and 12,970 machine hours were used to produce 410 units. What is the variable overhead efficiency variance? Multiple Choice $68,200 unfavorable $123.600 unfovorable $68,200 fovorable $191,800 unfavorable Paimer Corporation is considering the purchase of a new plece of equipment. The cost savings from the equipment would resuit in an annual increase in net operating income of $179,850. The equipment will have an initial cost of $545,000 and a. 7 . year useful ife. If the salvage value of the equipment is estimated to be $34,000, what is the accounting rate of return? Multipie Choice 155,37% 33.00% 22.28% 50.11%

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