Question: Help Save & B Venus Company applies overhead based on direct labor hours. The variable overhead standard is 7 hours at $3.30 per hour During

Help Save & B Venus Company applies overhead based on direct labor hours. The variable overhead standard is 7 hours at $3.30 per hour During October, Venus Company spent $159,700 for variable overhead. 45,940 labor hours were used to produce 7300 units What is the variable overhead rate variance? Multiple Choice $14,288 unfavorable $29,160 favorable $14,288 favorable $14.872 favorable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Saved Help Save & Exit Venus Company applies overhead based on direct labor hours. The variable overhead standard is 20.00 hours at $13.50 per hour During October, Venus Company spent $1,012,600 for...

help asap 5. venus company applies overhead based on direct labor hours, the variable overhead standard is a hours at $4.60 per hour. During october, venus company spent $234,800 for variable...

Venus Company applies overhead based on direct labor hours. The variable overhead standard is 9 hours at $4.60 per hour. During October, Venus Company spent $236,800 for variable overhead. 52,940...

Venus Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at $3.50 per hour. During October, Venus Company spent $157,600 for variable overhead. 47,440...

Venus Company applies overhead based on direct labor hours. The variable overhead standard is 8 hours at $4.50 per hour. During October, Venus Company spent $159,600 for variable overhead. 47,460...

accounting questiom Venus Company applies overhead based on direct labor hours. The variable overhead standard is 9 hours at $4.00 per hour. During October Venus Company spent $158,600 for variable...

multiple choice a. 15860 favorable b.20855 favorable c. 4995 favorable d. 4995 unfavorable Venus Company applies overhead based on direct labor hours. The variable overhead standard is is 50 hours at...

Venus Company applies overhead based on direct labor hours. The variable overhead standard is 9 hours at $5.00 per hour. During October, Venus Company spent $296,800 for variable overhead. 62,940...

Venus Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at $3.50 per hour. During October, Venus company spent $157,600 for variable overhead. 47,440...

24 Venus Company applies overhead based on direct labor hours. The variable overhead standard is 11.00 hours at $4.50 per hour. During October, Venus Company spent $212,600 for variable overhead....

A cash flow sequence has a receipt of $25,000 today, followed by three disbursements of $10,000, ST0,000 and $12,000 at the end of year one, two and three. A final receipt of S2,050 occurred at the...

When two plane mirrors are parallel, such as on opposite walls in a barber shop, multiple images arise because each image in one mirror serves as an object for the other mirror. A point object is...

Critical Thinking Problem 1 3 . 2 ( Algo ) Classified Balance Sheet LO 1 3 - 3

How to solve part C of this question

3.80 Given P1A12 = 0.50, P1B1 uA12 = 0.40, and P1B1 uA22 = 0.70, what is the probability of P1A1 uB22?

Blue Star United, a major electronics distributor, has hired Southwest Forecasters, a market research firm, to predict the level of demand for its new product that combines cell phone and complete...

3.78 Given P1A12 = 0.40, P1B1 uA12 = 0.60, and P1B1 uA22 = 0.70, what is the probability of P1A1 uB12?