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The following standard costs were developed for product ACCT #4101 of the Golden Rams Corporation. The following actual information is available for the period: Actual
The following standard costs were developed for product ACCT #4101 of the Golden Rams Corporation. The following actual information is available for the period: Actual overhead incurred for the period: Budgeted fixed manufacturing overhead for the period is $960,000 and the standard fixed overhead rate is based on expected capacity of 80,000 direct labor hours. Compute the variable overhead price variance and variable overhead efficiency variance
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