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If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead spending variance is favorable, then: Group of answer choices

If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead spending variance is favorable, then:

Group of answer choices the actual direct labor-hours exceeded the standard direct labor-hours allowed for the actual output.

the standard direct labor-hours allowed for the actual output exceeded the actual hours.

the actual variable overhead rate exceeded the standard rate.

the standard variable overhead rate exceeded the actual rate.

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