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Budgeted overhead for Cinnabar Industries at normal capacity of 30000 direct labor hours is $6 per hour variable and $4 per hour fixed. In May $310000 of overhead was incurred in working 31500 hours when 32000 standard hours were allowed.
-The overhead volume variance is
Review Technique
A method or procedure used to evaluate and assess something systematically.
Scheduling Tool
A software application or system used to plan, allocate, and manage tasks and resources over time, enhancing organizational efficiency.
Idea Generation
The creative process of generating, developing, and communicating new ideas to solve problems or exploit opportunities, often in a collaborative setting.
Microsoft Project
A project management software designed to assist project managers in developing plans, assigning resources, tracking progress, managing budgets, and analyzing workloads.
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