Variance do not round intermediate calculations

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variance). Do not round intermediate calculations.)
(b) Compute the following variances for fixed overhead for last year. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)
Fixed Overhead Variance = $68,000 U + $43,200 F = $24,800 U

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