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Sheffield Company manufactures deep - sea fishing rods, which it distributes internationally through a chain of wholesalers. The following data are taken from the budget

Sheffield Company manufactures deep-sea fishing rods, which it distributes internationally through a chain of wholesalers. The following data are taken from the budget prepared at the beginning of the year by Sheffield's controller. The company applies overhead on the basis of machine hours.
\table[[,Annual Budget,May Budget],[Variable manufacturing overhead,$2,202,000,$223,000
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