Multiple Choice
Raven applies overhead based on direct labor hours.The variable overhead standard is 2 hours at $11 per hour.During July,Raven spent $116,700 for variable overhead.8,890 labor hours were used to produce 4,700 units.How much is variable overhead on the flexible budget?
A) $56,400
B) $97,790
C) $103,400
D) $116,700
Correct Answer:
Verified
Correct Answer:
Verified
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