During the year, two products are milled. The following table summarizes operations.
Units milled 10,500
Standard machine per unit 2
Actual machine hours used 23,000
Units milled 12,000
Standard machine per unit 1
Actual machine hours used 13,000
Actual overhead during the year was $1.1 million.
Calculate all the relevant overhead variances for the department, and write a memo that describes what each one means.
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