In October, Woo Industries reports 21,000 actual direct labor hours, and it incurs NT$3,540,000 of manufacturing overhead

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In October, Woo Industries reports 21,000 actual direct labor hours, and it incurs NT$3,540,000 of manufacturing overhead costs. Standard hours allowed for the work done is 20,600 hours. The predetermined overhead rate is NT$180 per direct labor hour. Compute the total overhead variance.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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