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The following information relating to a company's overhead costs is available. Actual total variable overhead $ 90,000 Actual total fixed overhead $ 15,000 Budgeted variable

The following information relating to a company's overhead costs is available. Actual total variable overhead $ 90,000 Actual total fixed overhead $ 15,000 Budgeted variable overhead rate per machine hour $ 2.50 Budgeted total fixed overhead $ 15,000 Budgeted machine hours allowed for actual output 37,000 Based on this information, the total variable overhead variance is:

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