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Manufacturing overhead data for the production of Product H by Shakira Company are as follows. Overhead incurred for 46,700 actual direct labor hours worked $331,500

Manufacturing overhead data for the production of Product H by Shakira Company are as follows.

Overhead incurred for 46,700 actual direct labor hours worked $331,500
Overhead rate (variable $5; fixed $2) at normal capacity of 48,000 direct labor hours $7
Standard hours allowed for work done 47,257

Compute the total overhead variance.

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