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Raven Company applies overhead based on direct labor hours. The variable overhead standard is 10...

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Accounting

Raven Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at $20 per hour. During July, Raven spent $832,569 for variable overhead. 42,380 labor hours were used to produce 4,100 units. What is the variable overhead efficiency variance? Multiple Choice $6,159 favorable $6,159 unfavorable $746,460 favorable $13,065 favorable

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