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Venus Company applies overhead based on direct labor hours. The variable overhead standard is 13 hours at $3 per hour. During October, Venus Company

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Venus Company applies overhead based on direct labor hours. The variable overhead standard is 13 hours at $3 per hour. During October, Venus Company spent $161,924 for variable overhead, and 47,470 labor hours were used to produce 4,710 units. What is the variable overhead efficiency variance? Multiple Choice $2,110 unfavorable $42,072 unfavorable $42,072 favorable $44,032 favorable

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