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Compute variable overhead efficiency variance for september

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Reference no: EM132530198

Question - Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 1.4 hours per unit. The variable overhead rate standard is $11.00 per hour. In September, the company produced 1,450 units using 2,020 direct labor-hours. The actual variable overhead rate was $12.30 per hour.

Required - Compute the variable overhead efficiency variance for September?

a. $123 U

b. $110 U

c. $123 F

d. $110 F

Reference no: EM132530198

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