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GreenGrove Inc. budgeted $80,000 for manufacturing overhead costs in a particular month. However, they incurred actual costs of $85,000. Compute the manufacturing overhead variance and

GreenGrove Inc. budgeted $80,000 for manufacturing overhead costs in a particular month. However, they incurred actual costs of $85,000. Compute the manufacturing overhead variance and analyze its implications for GreenGrove Inc.'s budgetary control.

Calculate the manufacturing overhead variance and discuss its impact on budgetary control.

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