Valera Corporation makes a product with the following standards for labor and variable overhead Standard Quantity or Hour Standard Price or Rate Standard Cost Per Unit Direct labor 9 4 hours $21 99 per hour $8 49 Variable overhead 9 4 hours $ 6 99 per hour $2 49 The company budgeted for production 015,300 units in July but actual production was 5,400 units The company used 2,130 direct labor hours to produce this output The actual variable overhead rate was $6 10 per hour, The company applies variable overhead on the basis of direct labor hours, The variable overhead efficiency variance forJuiy is Muhiple Choice 0 $183 F $130 U $133 U O 0 $180 F O

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Valera Corporation makes a product with the following standards for labor and variable overhead  Standard Quantity or Hour  Standard Price or Rate Standard Cost Per Unit Direct labor 9 4 hours $21 99 per hour $8 49 Variable overhead 9 4 hours $ 6 99 per  hour  $2 49 The company budgeted for production 015,300 units in July  but actual production was 5,400 units The company used 2,130 direct labor hours to produce this output  The actual variable overhead rate was $6 10 per hour, The company applies variable overhead on the basis of direct labor hours, The variable overhead efficiency variance forJuiy is  Muhiple Choice 0 $183 F $130 U $133 U O 0 $180 F O

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Valera Corporation makes a product with the following standards for labor and variable overhead: Standard Quantity or Hour; Standard Price or Rate Standard Cost Per

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