Question: Stuart Company established a predetermined variable overhead cost rate at $ 2 4 . 8 0 per direct labor hour. The actual variable overhead cost

Stuart Company established a predetermined variable overhead cost rate at $24.80 per direct labor hour. The actual variable overhead cost rate was $23.20 per hour. The planned level of labor activity was 76,475 hours of labor. The company actually used 80,500 hours of labor.

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