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Total Variable Overhead Variance Aretha Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour Standard hours (SH)

Total Variable Overhead Variance Aretha Company showed the following information for the year: Standard variable overhead rate (SVOR) per direct labor hour Standard hours (SH) allowed per unit Actual production in units Actual variable overhead costs Actual direct labor hours Required: 1. Calculate the standard direct labor hours for actual production. $3.70 4 14,000 $206,816 56,200 hours 2. Calculate the applied variable overhead. 3. Calculate the total variable overhead variance. Favorable Unfavorable No variance

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