Question: The variable overhead rate is ($5) per direct labor hour; 31,000 direct labor hours were used to produce 7,500 units of product. The standard is
The variable overhead rate is \($5\) per direct labor hour; 31,000 direct labor hours were used to produce 7,500 units of product. The standard is 4 direct labor hours per unit. Actual, variable overhead cost was \($153,000.\) Determine the variable overhead variances.
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