Venus Company applies overhead based on direct labor hours.The variable overhead standard is 10 hours at $3.50 per hour.During October,Venus Company spent $157,600 for variable overhead.47,440 labor hours were used to produce 4,800 units.What is the variable overhead rate variance?
A)$8,440 favorable
B)$1,960 favorable
C)$10,400 favorable
D)$1,960 unfavorable

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The Answer of Venus Company applies overhead based on direct labor hours.The variable overhead standard is 10 hours at $3.50 per hour.During October,Venus Company spent $157,600 for variable overhead.47,440 labor hours were used to produce 4,800 units.What is the variable overhead rate variance?
A)$8,440 favorable
B)$1,960 favorable
C)$10,400 favorable
D)$1,960 unfavorable

Venus Company Applies Overhead Based on Direct Labor Hours