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McDonalds has a standard cost system. the variable overhead standard price is $2.50 per direct labor hour. In July, company employees worked 22,500 direct labor
McDonalds has a standard cost system. the variable overhead standard price is $2.50 per direct labor hour. In July, company employees worked 22,500 direct labor hours to manufacture 7,100 units. Porter Company has determined the standard labor hours to manufacture each per unit is 3. The actual variable overhead price per hour is $2.75. The variable overhead efficiency variance for July was
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