Question: Help Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 12 hours at $20 per hour. During February, Jupiter Co.

Help Jupiter Co. applies overhead based on direct labor hours. The variableHelp

Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 12 hours at $20 per hour. During February, Jupiter Co. spent $224,400 for variable overhead. 11,150 labor hours were used to produce 1,000 units. What is the variable overhead efficiency variance? Multiple Choice $700 favorable $17,000 favorable $1,400 favorable $1,400 unfavorable

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