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George Company has a standard costing system. The following data are available for July: Actual manufacturing overhead cost incurred: $22,000 Actual machine hours worked: 1,600 Overhead volume variance: $3,600 Unfavorable Total overhead variance: $1,000 Unfavorable Overhead is assigned to production on the basis of machine hours Instructions Determine the amount of (1) the controllable overhead variance and (2) the overhead applied.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M945229

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