Loar Manufacturing makes a product with the following standard costs: The company reported the following results concerning this product in April. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead efficiency variance for April is:

Select one:

a. $240 F

b. $216 U

c. $216 F

d. $240 U

Loar Manufacturing makes a product with the following standard costs: The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead efficiency variance for April is: Select one: a. $240 F b. $216 U c. $216 F d. $240 U The company reported the following results concerning this product in April