Question: Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 2.1 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 2.1 hours per unit. The variable overhead rate standard is $14.50 per hour. In September, the company produced 1,100 units using 2,300 direct labor-hours. The actual variable overhead rate was $16.50 per hour. The variable overhead rate variance for September is:
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