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The Upton Company employs a standard costing system in which variable overhead is assigned to production based on direct labour hours. Data for the month
The Upton Company employs a standard costing system in which variable overhead is assigned to production based on direct labour hours. Data for the month of February include the following: Variable manufacturing overhead cost incurred: $48.700 Total variable overhead variance $300 F Standard hours allowed for actual production: 7,000 Actual direct labour hours worked: 6,840 - The standard variable overhead rate per direct labour hour is
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