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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. Overhead incurred for

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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. Overhead incurred for 46,000 actual direct labor hours worked Overhead rate (variable $7; fixed $1) at normal capacity of 50,700 direct labor hours Standard hours allowed for work done $373,200 $8 46,750 Compute the total overhead variance. $ Total overhead variance

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