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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
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 43,550 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 rate variance? Multiple Choice $2,325F $2,325U $4,500U $4,500F
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