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The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration: Required: Compute the variable overhead rate

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The following data for November have been provided by Hunn Corporation, a producer of precision drills for oil exploration: Required: Compute the variable overhead rate variances for indirect labor and for power for November. Indicate whether each of the variances is favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Answer is complete but not entirely correct

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