Budgeted overhead for cinnabar industries at normal

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Budgeted overhead for Cinnabar Industries at normal capacity of 30,000 direct labor hours is $4.50 per hour variable and $3 per hour fixed. In May, $232,500 of overhead was incurred in working 31,500 hours when 32,000 standard hours were allowed. what is the overhead volume variance?

Reference no: EM13585853

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