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Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency variance is favorable, the variable overhead efficiency variance will be:
Oranges
A type of citrus fruit known for its round shape, orange color, and juicy, slightly acidic taste, commonly used for eating fresh or in beverages.
Nonlinear
Describes a relationship or equation that does not form a straight line when graphed, indicating a proportionality that changes with varying values.
Moderate
A term indicating a middle or average degree of intensity, quality, or quantity.
Circumference
The linear distance around the edge of a circle or circular object.
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