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Use the following information of Alfred Industries: Required: Compute the overhead spending variance and the volume variance. Note: Indicate the effect of each variance by

Use the following information of Alfred Industries:
Required:
Compute the overhead spending variance and the volume variance.
Note: Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e.,
zero variance).
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