Analyze the Over- or Underapplied Overhead: Refer to the data for exercise 7-19. Assume all manufacturing overhead
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Analyze the Over- or Underapplied Overhead: Refer to the data for exercise 7-19. Assume all manufacturing overhead costs were fixed costs.
Required: How much of the under- or overapplied overhead was a spending variance, and how much was a production volume variance?
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