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A company allocates overhead using a standard overhead rate of $4.80 per direct labor hour and 2 direct labor hours per unit. For this
A company allocates overhead using a standard overhead rate of $4.80 per direct labor hour and 2 direct labor hours per unit. For this period, the company planned production of 10,140 units (80% of its capacity) and budgeted $36,504 in variable overhead and $62,800 in fixed overhead. The company actually produced 11,600 units this period and incurred actual total overhead costs of $116,430. Enter answers in the tabs below. Required 1 Required 2 Required 3 Compute the total overhead variance. Note: For each variance, select favorable, unfavorable, or no variance. Do not round intermediate calculations. Actual total overhead Standard overhead applied Overhead variance Overhead variance Show lessA
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