Question: 2. Schuetz Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.4 hours per unit. The variable

2. Schuetz Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.4 hours per unit. The variable overhead rate standard is $5.00 per hour. In July the company produced 7,500 units using 2,740 direct labor-hours. The actual variable overhead rate was $5.20 per hour. The variable overhead rate variance for July is: A. $600 F B. $600 U C. $548 F D. $548 U

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