Help Save & Exit Submit Venus Company applies overhead based on direct labor hours. The variable overhead standard is 8 hours at $370 per hour During October Venus Company spent $158.700 for variable overhead. 46,440 labor hours were used to produce 6,300 units. What is the variable overhead rate variance? Multiple Choice $27,780 favorable O $14.652 favorable 584652 untevorable 5:3128 favorable