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Overhead variances, missing infomtab'on. Dvent budgets 18.000 machine hours for the production of computer chips in August 2015. The budgeted

  1. Calculate efficiency and flexible-budget variances for Dvent's variable overhead in August. Will variable overhead be overallocated or underallocated? By how much?
  2. Calculate production-volume and flexible-budget variances for Dvent'd fixed overhead in August. Will fixed overhead be overallocated or underallocated? By how much?
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