Viger Corporation has a standard cost system in which it applies manufacturing overhead to products...
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Accounting
Viger Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month Budgeted level of activity Actual level of activity Standard variable manufacturing overhead rate Actual total variable manufacturing overhead 8,400 MHs 8,600 MHs $ 7.10 per MH $58,650 What was the variable overhead rate variance for the month? Multiple Choice $2,410 Favorable $990 Favorable $1,420 Unfavorable $1,427 Favorable
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