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Based on the information below, compute variable overhead spending variance. Budget: Production 400 units (2 machine hours allowed per unit) Variable overhead rate = $7

Based on the information below, compute variable overhead spending variance.

Budget: Production 400 units (2 machine hours allowed per unit)

Variable overhead rate = $7 per machine hour

Actual: Production 450 units; 600 machine hours used

Variable overhead rate = $5 per machine hour

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