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Compute the controllable overhead variance

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Problem - Fogel Co. expects to produce 123,000 units for the year. The company's flexible budget for 123,000 units of production shows variable overhead costs of $172,200 and fixed overhead costs of $132,000. For the year, the company incurred actual overhead costs of $261,800 while producing 116,000 units. Compute the controllable overhead variance and classify it as favorable, unfavorable or no variance.

Reference no: EM133048147

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