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A company reports the following: actual total overhead of $1,960; budgeted (flexible) overhead at units produced of $1,600; and standard overhead applied of $1,800. Controllable

A company reports the following: actual total overhead of $1,960; budgeted (flexible) overhead at units produced of $1,600; and standard overhead applied of $1,800. Controllable variance is a $160 unfavorable variance.

True or False?

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