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Actual machine hours 850 Standard machine hours allowed 950 Denominator activity (machine hours) 1,060 Actual fixed overhead costs $ 6,050 Budgeted fixed overhead costs $
| Actual machine hours | 850 | |
| Standard machine hours allowed | 950 | |
| Denominator activity (machine hours) | 1,060 | |
| Actual fixed overhead costs | $ | 6,050 |
| Budgeted fixed overhead costs | $ | 6,360 |
| Predetermined overhead rate ($2 variable + $6 fixed) | $ | 8 |
| What is the production volume variance? |
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IT Auditing And Sarbanes Oxley Compliance Key Strategies For Business Improvement
Authors: Dimitris N. Chorafas
1st Edition
036738650X, 978-0367386504
