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ing income? Question 11 Shawl Corporation's varialble overhead is applied on the basis of direct labor-hours. The siandard cost card for product F02E specifies 5.5 2021 Penn Foster Managerial Accounting (v3) : Lesson 5: Page 8 Inc. direct labor-hours per unit of F02E. The standard variable overhead rate is $6.80 per direct labor-hour. During the most recent month,
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Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren