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In October, Novak Inc. reports 43,100 actual direct labor hours and incurs $205,000 of manufacturing overhead costs. Standard hours allowed for the month's production
In October, Novak Inc. reports 43,100 actual direct labor hours and incurs $205,000 of manufacturing overhead costs. Standard hours allowed for the month's production is 43,000 hours. Novak's predetermined overhead rate is $5.00 per direct labor hour. Compute the total manufacturing overhead variance. Identify whether each variance is favorable or unfavorable. Total manufacturing overhead variance $ Favorable eTextbook and Media
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