A company has gathered the following information from a recent
A company has gathered the following information from a recent production run:
Standard variable overhead rate......... $10
Actual variable overhead rate .......... 8
Standard process hours............. 20
Actual process hours............. 25
What is the company’s variable overhead spending variance?
a. $50 unfavorable
b. $50 favorable
c. $40 unfavorable
d. $40 favorable
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