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1. Mania Manufacturing applies overhead to products using direct labor hours. To calculate a predetermined overhead rate, Martin developed the following estimates for one month

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1. Mania Manufacturing applies overhead to products using direct labor hours. To calculate a predetermined overhead rate, Martin developed the following estimates for one month of production.Martin's labor standards allow 0.5 direct labor hours for each unit produced. During November, 20,000 units produced. Actual fixed overhead costs were $120,000. Actual variable on overhead costs were $88,000. 2. What is the predetermined FOH rate for the above problem? What is the variable FOH rate, What is the Cued factory OH rate? What is the formula for Variable OH price variance? What it the variable OH price variance for the above

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