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Variable overhead is applled based on standard direct labor-hours allowed. Required: Compute the labor and varable overthead price and efficiency vartances. Note: Indicate the effect

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Variable overhead is applled based on standard direct labor-hours allowed. Required: Compute the labor and varable overthead price and efficiency vartances. Note: Indicate the effect of each varlance by selecting "F" for fovoroble, or " U " for unfavorable. If there is no effect, do not select elther option

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