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The variable overhead rate is $5.00 per direct labor hour; 31,000 direct labor hours were used to produce 7,500 units of product. The standard is

The variable overhead rate is $5.00 per direct labor hour; 31,000 direct labor hours were used to produce 7,500 units of product. The standard is 4 direct labor hours per unit. Actual, variable overhead cost was $153,000. Determine the variable overhead variances.

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