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The predetermined overhead rate for Zane Company is $5 comprised of a variable overhead rate of $3 and a fixed rate of $2. The amount of budgeted overhead costs at normal capacity of $150000 was divided by normal capacity of 30000 direct labor hours to arrive at the predetermined overhead rate of $5. Actual overhead for June was $8900 variable and $5400 fixed and 1500 units were produced. The direct labor standard is 2 hours per unit produced. The total overhead variance is
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A methodological approach that emphasizes the use of empirical evidence and research in the formation of scientific knowledge and policy-making.
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The systematic investigation of societal and human behavior through quantitative and qualitative methods.
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Individuals in an organization responsible for planning, directing, coordinating, and overseeing the work of others to achieve the organization's goals.
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