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Raven applies overhead based on direct labor hours. The variable overhead standard is 8.0 hours...

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Accounting

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Raven applies overhead based on direct labor hours. The variable overhead standard is 8.0 hours at $17 per hour. During July, Raven spent $476,700 for variable overhead. 24,390 labor hours were used to produce 3,200 units. What is the variable overhead efficiency variance

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