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Olsen Company Volume Variance Using Standard Costing

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Olsen Company uses a standard cost system for its production process. Olsen Company applies overhead based on direct labor hours. The following information is available for July: Refer to Olsen Company Using the four-variance approach, what is the volume variance? Select one: a. $13,260 b. $2,640F c. $6,930U d. $0.

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Olsen Company uses a standard cost system for its production process. Olsen Company applies overhead based on direct labor hours. The following information is available for July: Refer to Olsen Company Using the four-variance approach, what is the volume variance? Select one: a. $13,260 b. $2,640F c. $6,930U d. $0

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