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Assume the following: - The variable portion of the predetermined overhead rate is $1.50 per direct labor-hour. - The standard labor-hours allowed per unit of

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Assume the following: - The variable portion of the predetermined overhead rate is $1.50 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 spending variance? Multiple Choice $3,000 $3,000F $4,500F $4,500U Assume that a company uses a standard cost system and applies overhead to production based on direct labor-hours. It provided the following information for its most recent year: Multiple Choice $24,000U $24,000F $10,000U $10,000F

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