Question: Budgeted variable overhead for the year is $120,000. Expected activity is 20,000 standard direct labor hours. The actual hours worked were 19,500 and the standard

Budgeted variable overhead for the year is $120,000. Expected activity is

Budgeted variable overhead for the year is $120,000. Expected activity is 20,000 standard direct labor hours. The actual hours worked were 19,500 and the standard hours allowed for actual production were 18,000. The variable overhead efficiency variance is $0. $12,000 F. $3,000 F. $9,000 F. None of these

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