Business, 15.04.2020 21:19 Hooorax01

During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable overhead of $120,000. Budgeted variable overhead for the year was $90,000. The hours allowed per unit are 2. The standard variable overhead rate is $3.00 per direct labor hour. The variable overhead spending variance is:

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During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable...

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