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What is the variable overhead spending variance

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Reference no: EM132984602

Question - Southern Manufacturing set the following standard cost per unit for 2020:

Units 15,000

Variable overhead rate $18 per labour hour

Fixed overhead $190,000

Direct labour 1.5 hours per unit

What is the variable overhead spending variance given the following actual information?

Number of products 16,000

Variable overhead $500,443

Direct labour 30,000 hours

Reference no: EM132984602

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