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How to compute the overhead budget variance

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Reference no: EM132712126

The following data are for a given department for the month of January:

Standard activity (units)200,000

Actual production (units)201,000

Budgeted fixed overhead$240,000

Variable overhead (per unit)$ 4.00

Actual fixed overhead$242,300

Actual variable overhead$861,000

Problem 1: How to Compute the total overhead variance, the overhead volume variance, and the overhead budget variance.

Reference no: EM132712126

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