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Raven applies overhead based on direct labor hours. The variable overhead standard is 21 hours at $30 per hour. During July, Raven spent $257,700
Raven applies overhead based on direct labor hours. The variable overhead standard is 21 hours at $30 per hour. During July, Raven spent $257,700 for variable overhead. 7,940 labor hours were used to produce 170 units. What is the variable overhead rate variance? Multiple Choice $13,890 favorable $13,890 unfavorable. $6,945 unfavorable $19.500 unfavorable
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275
