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2 - The standard cost of product 5252 includes1.90hours of direct labor at $12.30per hour. The predetermined overhead rate is $22.00per direct labor hour. During
2 - The standard cost of product 5252 includes1.90hours of direct labor at $12.30per hour. The predetermined overhead rate is $22.00per direct labor hour. During July, the company incurred4,000hours of direct labor at an average rate of $12.60per hour and $80,400of manufacturing overhead costs. It produced2,000units. Calculate the total overhead variance.
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