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What abc efficiency variance for variable manufacturing

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Question 1: ABC Inc. has the following variable manufacturing overhead standard to manufacture one face mask: 0.125 standard hours per mask at $3.00 per direct labor hour. Last week, 647 hours were worked to make 5,000 masks, and $2,015 was spent for variable manufacturing overhead. ABC's efficiency variance (VMEV) for variable manufacturing overhead for the week was:

Option 1: $73

Option 2: $71

Option 3: $68

Option 4: $66

Reference no: EM132572557

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