Regent, Incorporated uses the following standard to produce a single unit of its product overhead...
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Regent, Incorporated uses the following standard to produce a single unit of its product overhead $6 (2 hours a $3/hour). The flexible budget for overhead is $132,000 plus $0.50 per direct labor hour. Actual data for the month show overhead costs of $170.000, and 23.000 units produced. The overhead volume variance is: Multiple Choice $49,000 favorable $51.000 favorable $17.000 unfavorable 15 of 15 H
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