Question: From the data given below calculate the overhead cost variance. Budgeted hours Budgeted output Budgeted overheads: Fixed 7500 Variable 5000 12,500 Actual overheads: Fixed 7500

From the data given below calculate the overhead cost variance. Budgeted hours Budgeted output Budgeted overheads: Fixed 7500 Variable 5000 12,500 Actual overheads: Fixed 7500 Variable 7500 15,000 Actual output 10,000 units Actual hours 30,000 25,000 12,500

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