Question: Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 6 hours at $14 per hour. During February, Jupiter Co. spent

Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 6 hours at $14 per hour. During February, Jupiter Co. spent $138,400 for variable overhead. 9,250 labor hours were used to produce 2,200 units. What is the variable overhead rate variance? 4 Multiple Choice O O $4,450 favorable $8,900 unfavorable $8.900 favorable $13,350 favorable

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