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Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,250 Budgeted fixed factory overhead costs $42,000 Activity

Reddy Corporation has collected the following data for the month of June: Actual total factory overhead incurred $61,250 Budgeted fixed factory overhead costs $42,000 Activity level in direct labor hour 15,000 Actual direct labor hours 18,000 Standard hours for output this period 17,000 Total factory overhead rate $4.35. Calculate the variable overhead efficiency variance

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