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Adams Co. uses the following standard to produce a single unit of its product: Variable overhead (2 hrs. @ $3.1/hr.) = $6.2 Actual data for
Adams Co. uses the following standard to produce a single unit of its product:
Variable overhead (2 hrs. @ $3.1/hr.) = $6.2
Actual data for the month show variable overhead costs of $155,445 based on 24,100 units of production. The total variable overhead variance is:
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