Raven applies overheod based on direct labor hours. The varlable overhead standard is 8 hours at $17 per hour. During July, Raven spent Si53.700 for. variable overhead, 8,590 labor hours were used to produce 3,500 units. What is the variable overhead rate varlanice? Multipie Choice: $1,030 unfavorable \$2,060 unfevorable \$7,670 unfavorabie \$7.060 frusrable