Question: Norris Company produced 500 units of product that required 3.5 standard hours per unit. The standard variable overhead cost per unit is $0.70 per hour.

Norris Company produced 500 units of product that required 3.5 standard hours per unit. The standard variable overhead cost per unit is $0.70 per hour. The actual variable factory overhead was $1,200. Determine the variable factory overhead controllable variance.

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