What is the overhead volume variance


Budgeted overhead for Harrington Company at normal capacity of 30,000 direct labor hours is $4.50 per hour variable and $3 per hour fixed. In May, $232,500 of overhead was incurred in working 31,500 hours when 32,000 standard hours were allowed. what is the overhead volume variance?

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Accounting Basics: What is the overhead volume variance
Reference No:- TGS0102007

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