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Budgeted overhead for Markowitz Industries at normal capacity of 30,000 direct labor hours is $6 per hour variable and $4 per hour fixed. In August,
Budgeted overhead for Markowitz Industries at normal capacity of 30,000 direct labor hours is $6 per hour variable and $4 per hour fixed. In August, $310,000 of overhead was incurred in working 31,500 hours when 32,000 standard hours were allowed.
What is the overhead controllable variance?
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