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Business, 18.07.2020 21:01 nabilop234

During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable overhead of $120,000. Budgeted variable overhead for the year was $90,000. The hours allowed per unit are 2. The standard variable overhead rate is $3.00 per direct labor hour. The variable overhead spending variance is: Group of answer choices $48,000 U. $61,000 U. None of these $27,000 U. $54,000 F.

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During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable...
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