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What the total overhead variance

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Question - The predetermined overhead rate for Vaughn Manufacturing is $5, comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150000 was divided by normal capacity of 30000 direct labor hours, to arrive at the predetermined overhead rate of $5. Actual overhead for June was $3070 variable and $2000 fixed, and standard hours allowed for the product produced in June was 1000 hours. What the total overhead variance?

Reference no: EM132951854

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