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What is the variable overhead efficiency variance

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Question: The following standards for variable manufacturing overhead have been established for a company that makes only one product:

Standard quantity per unit of output1.6hours Standard variable overhead rate $11.55per hour

The following data pertain to operations for the last month:

Actual hours 4,900 hours

Actual total variable overhead cost $58,310

Actual output 3,000 units

What is the variable overhead efficiency variance for the month?

Reference no: EM132760204

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