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A manufacturing company accumulates the following data on variable overhead: Actual variable cost incurred: $61,000; Budgeted variable overhead at actual hours used: $64,000; Applied variable
A manufacturing company accumulates the following data on variable overhead: Actual variable cost incurred: $61,000; Budgeted variable overhead at actual hours used: $64,000; Applied variable overhead: $60,000. The variable overhead spending variance is:
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