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Records at the Farnsworth Corporation contained the following data for the most recent period of activity: Required: Compute the labor and variable overhead price and

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Records at the Farnsworth Corporation contained the following data for the most recent period of activity: Required: Compute the labor and variable overhead price and efficiency variances: Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option

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