Compute for the Total Overhead Variance using the given information: Factory Overhead variances Factory overhead cost incurred

Compute for the Total Overhead Variance using the given information:

 

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Factory Overhead variances Factory overhead cost incurred by the company Variable overhead cost, P 11,500 Fixed overhead cost, P 9,500 Actual Factory overhead is Actual units produced, 3,000 units Standard hours allowed for the units, 2,000 Standard OH rate is P10 (Fixed, P4 Variable, P6) Applied FAOH is Factory Overhead variances Factory overhead cost incurred by the company Variable overhead cost, P 11,500 Fixed overhead cost, P 9,500 Actual Factory overhead is Actual units produced, 3,000 units Standard hours allowed for the units, 2,000 Standard OH rate is P10 (Fixed, P4 Variable, P6) Applied FAOH is

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To compute the Total Overhead Variance we need to calculate both the Variable Overhead Variance and ... View the full answer