In October, Concord Inc. reports 43,800 actual direct labor hours and incurs $212,000 of manufacturing...
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Accounting
In October, Concord Inc. reports actual direct labor hours and incurs $ of manufacturing overhead costs. Standard hours allowed for the month's production is hours. Concord's predetermined overhead rate is $ per direct labor hour.
Compute the total manufacturing overhead variance. Identify whether each variance is favorable or unfavorable.
Total manufacturing overhead variance $
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