What is the total overhead variance


The following information relating to a company's overhead costs is available:
Budgeted fixed overhead rate per machine hour $0.50
Actual Variable overhead $73000
Budgeted variable overhead rt per machine hr $2.50
Actual Fixed overhead $17000
Budgeted hours allowed for actual output achieved
32000

Based on this information, what is the total overhead variance ?

 

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Accounting Basics: What is the total overhead variance
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