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Manufacturing overhead data for the production of Product H by Smart Company are as follows. Overhead incurred for 52,000 actual direct labor hours worked $263,000
Manufacturing overhead data for the production of Product H by Smart Company are as follows.
Overhead incurred for 52,000 actual direct labor hours worked | $263,000 | |
Overhead rate (variable $3; fixed $2) at normal capacity of 54,000 direct labor hours | $5 | |
Standard hours allowed for work done | 51,000 |
Compute the total overhead variance.
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