Assume the following: The variable portion of the predetermined overhead rate is $1.50 per...
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Accounting
Assume the following:
The variable portion of the predetermined overhead rate is $1.50 per direct labor-hour.
The standard labor-hours allowed per unit of finished goods is 3 hours.
The actual quantity of labor hours worked during the period was 43,650 hours.
The total actual variable manufacturing overhead cost for the period was $63,000.
The company produced 15,000 units of finished goods during the period.
What is the variable overhead rate variance?
Multiple Choice:
$2,475 F
$4,500 F
$4,500 U
$2,475 U
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