Find the variable overhead efficiency variance is

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Given the following data:

Actual units produced: 15,000

Actual variable overhead incurred: $49,800

Actual machine hours worked: 15,000

Standard variable overhead cost per machine hour: $3.40

Question 1: If overhead is applied based on machine hours and it is estimated to take 1.10 machine hours to manufacture a unit, the variable overhead efficiency variance is:

Reference no: EM132529349

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