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DEF Inc budgets $50 per unit for variable manufacturing overhead and $120,000 per month for fixed manufacturing overhead. During December, the company produced 5,000 units

DEF Inc budgets $50 per unit for variable manufacturing overhead and $120,000 per month for fixed manufacturing overhead. During December, the company produced 5,000 units and incurred actual variable overhead costs of $150,000 and actual fixed overhead costs of $100,000. Calculate the total overhead variance and break it down into variable and fixed overhead variances.

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