I have the same rifle, but I have the Mueller 4-16x 50AO/IR scope and have put three rounds of handloaded Hornady 75gr BTHP into one ragged hole at 100 yards. The rifle is extremely accurate.
I have the APV scope on a 10/22 and found the same issues you did. It's okay for now on the 10/22, but I think I will be putting a different scope on that rifle. The scope I have on my 12FV is much better than the APV.
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