In October, Novak Inc, reports 43,100 actual direct labor hours and incurs $205,000 of manufacturing...
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Accounting
In October, Novak Inc, reports 43,100 actual direct labor hours and incurs $205,000 of manufacturing overhead costs. Standard hours allowed for the month's production is 43,000 hours. Novak's predetermined overhead rate is $5.00 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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