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Robert Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced:
Robert Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 15,000 Actual variable overhead incurred: $97,000 Actual machine hours worked: 21,000 Standard variable overhead cost per machine hour: $5 If Robert estimates 1.5 hours to manufacture a completed unit, the company's variable-overhead spending variance is favorable by:
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