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Venus Company applies overhead based on direct labor hours. The variable overhead standard is 5 hours at $13.50 per hour. During October, Venus Company spent $372,700 for variable overhead, 47,640 labor hours were used to produce 5,670 units. What is the over- or underapplied variable overhead?
Multiple Choice
A. $8,065 underapplied
B. $8.065 overapplied
C. $1,960 overapplied
D. $10,025 overapplied

Q&A Education