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the standard time to produce one unit of a product is 20 hours calculate variable ov 608686

The following data are given:

Budget

Actual

Production (in units)

400

360

Max. hours to produce above

8,000

7,000

Variable overheads (Rs.)

10,000

9,150

The standard time to produce one unit of a product is 20 hours. Calculate variable-overhead variances.

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