What is the variable overhead efficiency variance

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Question - Margin Inc. has the following standards:

Direct labor rate $11 per d.l. hour

Variable overhead rate $9 per d.I. hour

Margin Inc. calculated the following variances in March:

Variable overhead rate variance $10,053 unfavorable

Direct labor efficiency variance $11,168 unfavorable

Required - What is the variable overhead efficiency variance?

Reference no: EM133178357

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