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Abdullah Shoaib Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at Rs.3.50 per hour. During October, Abdullah Shoaib
Abdullah Shoaib Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at Rs.3.50 per hour. During October, Abdullah Shoaib Company spent Rs.157,600 for variable overhead. 57,400 labor hours were used to produce 4,800 units. What was the variable overhead rate variance?
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