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Raven Company applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $14 per hour: During July, Ravon spent $212,569

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Raven Company applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $14 per hour: During July, Ravon spent $212,569 for variable overhead. 16,390 labor hours were used to produce 3,700 units. What is the variable overhead efficiency variance? Multiple Choice 5171,315 favorable 58.696 unfavorable $8,696 fworable $3.510 tavorable

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