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The following standards for variable manufacturing overhead have been established for a company that makes...

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Accounting

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Standard hours per unit of output 4.30 hours Standard variable overhead rate $11.56 per hour The following data pertain to operations for the last month: Actual hours 8,700 hours Actual total labor cost $95,900 Actual output 2,000 units What is the variable overhead rate variance for the month? (Do not round intermediate calculations.) $4,672 U $4,953 F $4,672 F $4,953 U

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