Fordham Corporation produces a single product. The standard costs for one unit of its Concourse...
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Accounting
Fordham Corporation produces a single product. The standard costs for one unit of its Concourse product are as follows: (Click the icon to view the standard costs for one unit.) During November Year 2, 4,000 units of Concourse were produced. The costs associated with November operations were as follows: (Click the icon to view the costs.) What is the variable overhead efficiency variance for Concourse for November Year 2 ? 1. $2,000 favorable. 2. $2,000 unfavorable. 3. $1,000 favorable. 4. $1,000 unfavorable. Data table
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