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Deakin Co. makes lamps. It allocates variable manufacturing overhead costs based on machine hours. (9 marks) Standard machine hours per output 0.8 Standard overhead rate

Deakin Co. makes lamps. It allocates variable manufacturing overhead costs based on machine hours. (9 marks)

Standard machine hours per output 0.8
Standard overhead rate per machine hour $2.5
Actual overhead costs $21,000
Actual machine hours 14,000
Actual output produced 13,000

*Calculate manufacturing overhead spending variance (Indicate F or U)

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