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What is the variable overhead rate variance

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Problem - Jupiter Co. applies overhead based on direct... Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $12 per hour. During February, Jupiter Co. spent $113,400 for variable overhead. 9,150 labor hours were used to produce 2,400 units. What is the variable overhead rate variance?

Reference no: EM132920046

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