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Bramble Company uses a standard cost system. Indirect costs were budgeted at $192,000 plus $15 per direct labour hour. The overhead rate is based
Bramble Company uses a standard cost system. Indirect costs were budgeted at $192,000 plus $15 per direct labour hour. The overhead rate is based on 9,600 hours. Actual results were: Standard direct labour hours allowed Actual direct labour hours Fixed overhead Variable overhead (a) 8,550 9.600 $179,500 $176,000 Calculate the fixed overhead production volume variance. Fixed overhead production volume variance $
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