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Compute the variable overhead rate and efficiency variances. I need to know if there are any relation between the variable overhead efficiency variance and the

Compute the variable overhead rate and efficiency variances. I need to know if there are any relation between the variable overhead efficiency variance and the labor efficiency variance. explain. below you will find the computations. Variable overhead rate variance = $920 Unfavorable ; Variable Overhead Efficiency Variance = $1,500 Unfavorable

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