Question: Raven applies overhead based on direct labor hours. The variable overhead standard is 11 hours at $20 per hour. During July, Raven spent $121,200 for

 Raven applies overhead based on direct labor hours. The variable overhead

Raven applies overhead based on direct labor hours. The variable overhead standard is 11 hours at $20 per hour. During July, Raven spent $121,200 for variable overhead. 9,340 labor hours were used to produce 1.250 units. How much is variable overhead on the flexible budget? Multiple Choice S121200 $186,800 526250 $275,000

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