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Refer to the Exhibit.

Refer to the Exhibit.

AM Ltd. makes and sells a single product for which the standard cost information is as follows:

    Budgeted production for the period is 30000 units.

    The actual results for the period were as follows:

What is the variable overhead expenditure variance?

A.

13,161 adverse

B.

13,161 favourable

C.

13,600 adverse

D.

13,600 favourable

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