Question: Raven applies overhead based on direct labor hours. The variable overhead standard is 15 hours at $24 per hour. During July, Raven spent $209,700 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 15 hours at $24 per hour. During July, Raven spent $209,700 for variable overhead. 8,240 labor hours were used to produce 350 units. What is the variable overhead rate variance? Multiple Choice O $6,330 favorable 0 $11,940 unfavorable 0 $6,330 unfavorable 0 $3,165 unfavorable

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