Brummer Corporation makes a product whose variable overhead standards are based on direct labor$-$hours. The quantity standard

is $0\mathrm{.}10$ hours per unit. The variable overhead rate standard is $$8\mathrm{.}70$ per hour. In January the company produced $9,400$ units using

$1,010$ direct labor$-$hours. The actual variable overhead rate was $$8\mathrm{.}60$ per hour.

The variable overhead efficiency variance for January is:

$$609$ F

$$602$ U

$$609$ U

$$602$ F

The management of Lanzilotta Corporation is considering a project that would require an investment of $$291,000$ and would last for

$6$ years. The annual net operating income from the project would be $$139,000,$ which includes depreciation of $$18,000.$ The scrap

value of the project's assets at the end of the project would be $$19,900.$ The cash inflows occur evenly throughout the year. The

payback period of the project is closest to $($Ignore income taxes.$)$: $($Round your answer to $1$ decimal place.$)$

$1\mathrm{.}9$ years

$2\mathrm{.}1$ years

$1\mathrm{.}6$ years

$2\mathrm{.}9$ years