What is the overall overhead variance

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Pitree, In, uses standard cost system. Overhead cost information for product WK for the month of May is as follows:

Total overhead cost incurred P12,600

Fixed overhead budgeted P 3,300

Total standard overhead rate per direct labor hour P4.00

Variable overhead rate per direct labor hours P3.00

Standard hours allowed for actual production 3,500

Question 1: What is the overall overhead variance?

Reference no: EM132548893

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