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Genesis Company Genesis Company Uses a Standard Cost System for Its

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Genesis Company Genesis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for September when Genesis produced 5,000 units:
Genesis Company Genesis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for September when Genesis produced 5,000 units:   Refer to Genesis Company. Using the three-variance approach, what is the efficiency variance? A)  $1,800 F B)  $1,800 U C)  $2,050 U D)  $2,550 F Refer to Genesis Company. Using the three-variance approach, what is the efficiency variance?


A) $1,800 F
B) $1,800 U
C) $2,050 U
D) $2,550 F

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