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During November, Gliem company allocated overhead to products at the rate of 26 dollars per direct labor hour. The figure was based on 80 percent

During November, Gliem company allocated overhead to products at the rate of 26 dollars per direct labor hour. The figure was based on 80 percent of capacity or 1600 direct labor hours. However, Gliem company operated at only 70 percent of capacity, or 14,000 direct labor hours. Budgeted overhead at 70 percent of capacity is 38,900 dollars and overhead actually incurred was 3800 dollars. What is the company's volume variance for November? Indicate whether the variance is favorable or unfavorable?

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