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Russo Corporation manufactured 16,000 air conditioners during November. The overhead costminusallocation base is $ 34.75 per machineminushour. The following variable overhead data pertain to November:

Russo Corporation manufactured

16,000

air conditioners during November. The overhead

costminusallocation

base is

$ 34.75

per

machineminushour.

The following variable overhead data pertain to November:

Actual

Budgeted

Production

16,000 units

18,000 units

Machineminushours

7,875 hours

9,000 hours

Variable overhead cost per

machineminushour

$ 34.00$34.00

$ 34.75$34.75

What is the total variable overhead variance?

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