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Druid Company makes a single product and uses a standard costing system that applies overhead on the basis of direct labor hours. They recently used

Druid Company makes a single product and uses a standard costing system that applies overhead on the basis of direct labor hours. They recently used 28,348 labor hours to produce 495 units. Their static budget indicated expectations of 505 units, 31,000 DLH and $555,000 in variable overhead. Actual VOH totaled $533,062. What was the variable overhead spending variance

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