Irving Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect labor 0.3hours$14.00per hour$4.20 Variable overhead 0.3hours$5.00per hour$1.50 ?In November the company's budgeted production was 5,300 units, but the actual production was 5,100 units. The company used 1,650 direct labor-hours to produce this output. The actual variable overhead cost was $7,590. The company applies variable overhead on the basis of direct labor-hours.?The variable overhead rate variance for November is:
A. $660 U
B. $660 F
C. $612 F
D. $612 U
Answer: B
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