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What variable overhead spending variance for upton company

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Reference no: EM132762948

The Upton Company employs a standard costing system in which variable overhead is assigned to production based on direct labour hours. Data for the month of February include the following:

  • Variable manufacturing overhead cost incurred: $48,700
  • Total variable overhead variance: $300 F
  • Standard hours allowed for actual production: 7,000
  • Actual direct labour hours worked: 6,840

Problem 1: The variable overhead spending variance is:

Reference no: EM132762948

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