Pitree, In, uses standard cost system. Overhead cost information for product WK for the month...
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Accounting
Pitree, In, uses standard cost system. Overhead cost information for product WK for the month of May is as follows:
Total overhead cost incurredP12,600
Fixed overhead budgetedP3,300
Total standard overhead rate per direct labor hourP4.00
Variable overhead rate per direct labor hoursP3.00
Standard hours allowed for actual production3,500
What is the overall overhead variance?
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