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Lexio Corporation manufactured 1,000 coolers during October. The following variable overhead data pertain to October: Variable manufacturing overhead efficiency variance: 180U Budgeted variable overhead cost
Lexio Corporation manufactured 1,000 coolers during October. The following variable overhead data pertain to October:
Variable manufacturing overhead efficiency variance: 180U
Budgeted variable overhead cost per unit: $9.00
Actual variable manufacturing overhead cost: $8,400
Flexible-budget amount for variable manufacturing overhead: $9,000
REQUIRED: What is the variable overhead spending variance?
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