Giovanni Company produced 3,500 units of product that required five standard hours per unit. The standard variable

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Giovanni Company produced 3,500 units of product that required five standard hours per unit. The standard variable overhead cost per unit is $ 3.50 per hour. The actual variable factory overhead was $ 63,400. Determine the variable factory overhead controllable variance.

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Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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