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Calculate the company total variable overhead variance

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Question - Company A uses standard costs for its manufacturing operations. The standard variable overhead rate is $5 per direct labor hour and the standard input ratio is 0.12 direct labor hours per unit. During the period, Company A logged 150 hours of direct labor time during the production of 1,200 units of product. Given actual variable overhead costs of $705, calculate the company's total variable overhead variance.

Reference no: EM133096749

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