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ThingOne Company has the following information available for the past year. They use machine hours to allocate overhead. Actual total overhead $77,420 Actual fixed overhead

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ThingOne Company has the following information available for the past year. They use machine hours to allocate overhead. Actual total overhead $77,420 Actual fixed overhead $33,000 11,000 Actual machine hours Standard hours for the units produced Standard variable overhead rate 10,400 $4,30 What is the variable overhead efficiency variance? Enter the amount as positive number. Variable overhead efficiency variances Favorable Unfavorable

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