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Raven Company applies overhead based on direct labor hours. The variable overhead standard is 6 hours at $15 per hour. During July, Raven spent $109,569

image text in transcribed Raven Company applies overhead based on direct labor hours. The variable overhead standard is 6 hours at $15 per hour. During July, Raven spent $109,569 for variable overhead. Assuming 9,090 labor hours were used to produce 4,400 units, how much is variable overhead on the flexible budget? Multiple Choice $70,400 $136,350 $396,000 $109,569

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