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The following information is available from the Terry Company: Actual total factory overhead cost incurred $35,000; Actual fixed overhead cost incurred $11,700; Budgeted fixed overhead
The following information is available from the Terry Company: Actual total factory overhead cost incurred $35,000; Actual fixed overhead cost incurred $11,700; Budgeted fixed overhead expenses $23,000; Actual direct labor hours worked 5800; Standard DLHs for this period's production (output) 4900; Standard variable overhead rate per DLH $3.00; Standard fixed overhead rate per DLH $2.50. What was the variable overhead efficiency variance for the period
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