Question: Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 1.9 hours per unit. The variable overhead
Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 1.9 hours per unit. The variable overhead rate standard is $13.50 per hour. In September, the company produced 1,200 units using 2,270 direct labor-hours. The actual variable overhead rate was $15.30 per hour. The variable overhead efficiency variance for September is: $153 U $135 U $153 F $135 F
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