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In October, Pine Company reports 20,600 actual direct labor hours, and it incurs $166,600 of manufacturing overhead costs. Standard hours allowed for the work done

In October, Pine Company reports 20,600 actual direct labor hours, and it incurs $166,600 of manufacturing overhead costs. Standard hours allowed for the work done is 23,800 hours. The predetermined overhead rate is $7.10 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $5.40 variable per direct labor hour and $48,000 fixed. overhead controllable variance

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