Novelli Corporation Makes a Product Whose Variable Overhead Standards Are

question 61

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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Definitions:

Leadership Approach

A general strategy or philosophy that guides how a leader manages and directs a team or organization.

Spears's Characteristics

Refers to the key attributes of servant leadership as identified by Larry C. Spears, such as empathy, awareness, and commitment to the growth of people.

Sense of Unity

The feeling or perception of being part of a cohesive group, where members share common interests or objectives.

Greater Value

refers to qualities or assets that have a higher worth or significance compared to others in a specific context.