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Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses a standard cost system, are as follows. $403,680 Overhead

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Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses a standard cost system, are as follows. $403,680 Overhead incurred for 50,000 actual direct labor hours worked Overhead rate (variable $7; fixed $1) at normal capacity of 51,300 direct labor hours Standard hours allowed for work done 50,860 Compute the total overhead variance. Total overhead variances

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