Question: What is the variable overhead efficiency variance for the month? Reebok Tools has established the following labor standards for a particular product: Standard hours per

What is the variable overhead efficiency variance for the month?

Reebok Tools has established the following labor standards for a particular product: Standard hours per unit of output/6.2 hours __ Standard variable overhead rate | $18.50 per hour The following data pertain to operations concerning the product for the last month: Actual hours 9,500 hours Actual total variable overhead cost What is the variable overhead efficiency variance for the month

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