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5. CPA- A company has gathered the following information from a recent production run: Standard variable overhead rate $10 Actual variable overhead rate 8 Standard

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5. CPA- A company has gathered the following information from a recent production run: Standard variable overhead rate $10 Actual variable overhead rate 8 Standard process hours 20 Actual process hours 25 What is the company's variable overhead spending variance? a. $50 unfavorable. b. $50 favorable. c. $40 unfavorable. d. $40 favorable

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