Handerson Corporation makes a product with the following standard costs: 
The company reported the following results concerning this product in August.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.The variable overhead rate variance for August is:
Definitions:
Radio
A technology that uses radio waves to carry information, such as sound, by systematically modulating properties of electromagnetic energy waves transmitted through space.
Comparative Advantage
The ability of an individual or economy to produce goods or services at a lower opportunity cost than others, which forms the basis for trade.
Radios
Radios are devices that receive and transmit signals using radio waves to enable wireless communication over distances.
Opportunity Cost
The value of the next best alternative that must be forgone as a result of choosing one option over another.
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