What was the variable overhead rate variance for the month

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Problem - 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 9,100 MHs

Actual level of activity 9,300 MHs

Standard variable manufacturing overhead rate $7.80 per MH

Actual total variable manufacturing overhead $69,920

Required - What was the variable overhead rate variance for the month?

Reference no: EM132862335

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