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Alvarez Company for the current period shows a $25,000 favorable volume variance and a $57,800 unfavorable controllable variance. Standard overhead applied for the period is
Alvarez Company for the current period shows a $25,000 favorable volume variance and a $57,800 unfavorable controllable variance. Standard overhead applied for the period is $222,000.
a. What is the actual total overhead cost incurred for the period?
b. What is the total overhead variance and is it favorable or unfavorable?
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