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Lance Production Company Has the Following Information

Question 78

Multiple Choice

Lance Production Company has the following information:
Lance Production Company has the following information: Standard factory overhead rates are based on a normal monthly volume of 5,000 units (1 standard direct labor-hour per unit) . What is Lance's variable overhead efficiency variance? A) $ 6,000 (U) B) $ 4,000 (F) C) $-0- D) $3,000 (F) Standard factory overhead rates are based on a normal monthly volume of 5,000 units (1 standard direct labor-hour per unit) .
What is Lance's variable overhead efficiency variance?


A) $ 6,000 (U)
B) $ 4,000 (F)
C) $-0-
D) $3,000 (F)

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