Novelli Corporation Makes a Product Whose Variable Overhead Standards Are

question 49

Multiple Choice

Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 0.6 hours per unit. The variable overhead rate standard is $5.00 per hour. In September the company produced 1,600 units using 950 direct labor-hours. The actual variable overhead rate was $5.10 per hour. The variable overhead rate variance for September is:

• A)$95 F
• B)$96 U
• C)$95 U
• D)$96 F

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The votes cast by electors in the Electoral College, determining the winner of U.S. presidential elections.

House

Often referring to the House of Representatives, it is one of the two chambers of the United States Congress, the other being the Senate; members are elected to represent districts within states.

Senate

One of the two houses of the legislature in many countries, often tasked with reviewing and consenting to legislation, appointments, and treaties.

Property Ownership

The legal right or title to possess, use, and dispose of buildings, land, or other tangible objects.