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    Business
  3. Study Set
    Managerial Accounting for Undergraduates
  4. Exam
    Exam 10: Standard Costing and Variance Analysis
  5. Question
    The Actual Cost of Variable Overhead Is Equal to the Standard
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The Actual Cost of Variable Overhead Is Equal to the Standard

Question 21

Question 21

True/False

The actual cost of variable overhead is equal to the standard cost of variable overhead plus any unfavorable variances and minus any favorable variances.

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