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In October, Pine Company reports 20,800 actual direct labor hours, and it incurs $115,460 of manufacturing overhead costs. Standard hours allowed for the work
In October, Pine Company reports 20,800 actual direct labor hours, and it incurs $115,460 of manufacturing overhead costs. Standard hours allowed for the work done is 25,100 hours. The predetermined overhead rate is $4.80 per direct labor hour. Compute the total overhead variance.
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
