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Southern Manufacturing set the following standard cost per unit for 2020: Units 15,000 Variable overhead rate $18 per labour hour Fixed overhead $190,000 Direct labour
Southern Manufacturing set the following standard cost per unit for 2020:
Units
15,000
Variable overhead rate
$18 per labour hour
Fixed overhead
$190,000
Direct labour
1.5 hours per unit
What is the variable overhead spending variance given the following actual information?
Number of products
16,000
Variable overhead
$ 500,443
Direct labour
30,000 hours
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