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were $260,000, and actual fixed overhead costs were $555,250. Required: 1. Compute the fixed overhead spending and volume variances. 2. Compute the variable overhead spending

image text in transcribed were $260,000, and actual fixed overhead costs were $555,250. Required: 1. Compute the fixed overhead spending and volume variances. 2. Compute the variable overhead spending and efficiency variances. Do not round intermediate calculations

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