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Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $10,600 and budgeted production of 34,000 units. Actual results for the
Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $10,600 and budgeted production of 34,000 units. Actual results for the month of October reveal that Cholla produced 30,000 units and spent $11,1000 on fixed manufacturing overhead costs. Calculate Cholla's fixed overhead spending variance. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Fixed Overhead Spending Variance
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