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Business, 07.04.2020 20:55 ptrlvn01

If variable manufacturing overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable, then: Garrison 16e Rechecks 2017-08-17 Multiple Choice

the actual variable overhead rate exceeded the standard rate.
the standard variable overhead rate exceeded the actual rate.
the standard direct labor-hours allowed for the actual output exceeded the actual hours.
None of the above

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