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ABC Manufacturing budgets $10 per unit for variable manufacturing overhead and $20,000 per month for fixed manufacturing overhead. During May, the company produced 2,000 units

ABC Manufacturing budgets $10 per unit for variable manufacturing overhead and $20,000 per month for fixed manufacturing overhead. During May, the company produced 2,000 units and incurred actual variable overhead costs of $22,000 and actual fixed overhead costs of $18,000. Calculate the total overhead variance and break it down into variable and fixed overhead variances.

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