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2. Manufacturing overhead costs were budgeted (planned) to be $400,000 but were actually cost (variance) $393,000. Find out the Manufacturing overhead budget variance. Answer whether

2. Manufacturing overhead costs were budgeted (planned) to be $400,000 but were actually cost (variance) $393,000. Find out the Manufacturing overhead budget variance. Answer whether Manufacturing overhead budget variance is favorable or unfavorable (Key result area). Calculate variance from plans for key result areas of the organisation

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