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Compute the total overhead variance

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Reference no: EM132514585

Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses a standard cost system, are as follows.

Overhead incurred for 45,600 actual direct labor hours worked $368,320

Overhead rate (variable $7; fixed $1) at normal capacity of 43,900 direct labor hours $8

Standard hours allowed for work done 45,840

Question 1: Compute the total overhead variance.

Reference no: EM132514585

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