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5. The Lee Company reported the following overhead variances for an ac- counting period: Overhead spending variance $2,400 credit Overhead volume variance 1,600 debit a.
5. The Lee Company reported the following overhead variances for an ac- counting period: Overhead spending variance $2,400 credit Overhead volume variance 1,600 debit a. What was Lee's total overhead variance for the period? b. Was Lee's production above or below expected volume
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