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Levelor Company's flexible budget shows $10, 700 of overhead at 75% of capacity, which was the operating level achieved during May. However, the company applied
Levelor Company's flexible budget shows $10, 700 of overhead at 75% of capacity, which was the operating level achieved during May. However, the company applied overhead to production during May at a rate of $2.20 per direct labor hour based on a budgeted operating level of 6.110 direct labor hours (90% of capacity). If overhead actually incurred v/as $11, 172 during May. the controllable variance for the month was: $472 unfavorable. $472 favorable. $2, 742 favorable. $2, 742 unfavorable. $2, 270 favorable
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