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In October, Pine Company reports 21,200 actual direct labor hours, and it incurs $118,830 of manufacturing overhead costs. Standard hours allowed for the work done
In October, Pine Company reports 21,200 actual direct labor hours, and it incurs $118,830 of manufacturing overhead costs. Standard hours allowed for the work done is 23,300 hours. The predetermined overhead rate is $4.95 per direct labor hour. Compute the total overhead variance. $ Step by Step Solution
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