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Shepard Industries produced 1,000 tables last month. The standard variable manufacturing overhead (MOH)...

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Shepard Industries produced 1,000 tables last month. The standard variable manufacturing overhead (MOH) rate used by the company is $19 per machine hour. Each table requires 0.5 machine hours. Actual machine hours used last month were 480, and the actual variable MOH rate last month was $20.50. Requirements 1. Calculate the variable overhead rate variance. 2. Calculate the variable overhead efficiency variance

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