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Mcgreal Incorporated has provided the following data concerning its overhead variances for the most recent period: Variable overhead rate variance $ 28,122 U Variable overhead
Mcgreal Incorporated has provided the following data concerning its overhead variances for the most recent period: Variable overhead rate variance $ 28,122 U Variable overhead efficiency variance $ 3,036 U Fixed overhead budget variance Fixed overhead volume variance $ 16,000 F $ 9,196 F The total of the overhead variances is: $17,666 Overapplied $5,962 Overapplied $17,666 Underapplied $5,962 Underapplied
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