Exercise 24-11 (Video) Manufacturing overhead data for the production of Product H by Swifty Company, assuming the company uses a standard cost system, are as follows. $461,340 Overhead incurred for 50,600 actual direct labor hours worked Overhead rate (variable $8; fixed $1) at normal capacity of 54,800 direct labor hours Standard hours allowed for work done $9 51,560 Compute the total overhead variance. Total overhead variance