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Cholla Companys standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $10,300 and budgeted production of 31,000 units. Actual results for the
Cholla Companys standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $10,300 and budgeted production of 31,000 units. Actual results for the month of October reveal that Cholla produced 28,000 units and spent $10,200 on fixed manufacturing overhead costs.
Calculate Chollas fixed overhead spending variance.
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