Question: Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 20 hours at $28 per hour. During February, Jupiter Co. spent

Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 20 hours at $28 per hour. During February, Jupiter Co. spent $293.400 for variable overhead. 9.050 labor hours were used to produce 800 units. What is the variable overhead rate variance? Multiple Choice 0 $4800 unfavorable O $22.200 favorable O 0 $ 800 favorable O O STAO vorable O

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=+ 4. How can policymakers infl uence a nations saving rate?

=+ 5. What has happened to the rate of productivity growth over the past 50 years?

=+ c. Suppose that some change in government policy reduces the natural rate of unemployment. Using the graph you drew in part (b), describe how this change affects output both