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Devo Company uses the following overhead standard costs for a single unit of product: 5.5 hours at $16.00 per hour. Actual data for the month

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Devo Company uses the following overhead standard costs for a single unit of product: 5.5 hours at $16.00 per hour. Actual data for the month showed overhead costs of $112,000 for 2,300 units produced. What is the difference between actual overhead costs and standard overhead costs allocated to products? $90,400 unfavorable $75,200 favorable $75,200 unfavorable $90,400 favorable

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