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Coe Parts applies fixed overhead at the rate of $7.20 per unit. Budgeted fixed overhead was $225,200. This month 30,520 units were produced, and
Coe Parts applies fixed overhead at the rate of $7.20 per unit. Budgeted fixed overhead was $225,200. This month 30,520 units were produced, and actual fixed overhead was $219,900. Required: a. What are the fixed overhead price and production volume variances for Coe Parts? b. What was budgeted production for the month? Complete this question by entering your answers in the tabs below. Required A Required B What are the fixed overhead price and production volume variances for Coe Parts? Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Do not round your intermediate calculations. Round your final answers to the nearest dollar. Fixed overhead price variance Fixed overhead production volume variance Coe Parts applies fixed overhead at the rate of $7.20 per unit. Budgeted fixed overhead was $225,200. This month 30,520 units were produced, and actual fixed overhead was $219,900. Required: a. What are the fixed overhead price and production volume variances for Coe Parts? b. What was budgeted production for the month? Complete this question by entering your answers in the tabs below. Required A Required B What was budgeted production for the month? Note: Do not round your intermediate calculations. Round your final answer to the nearest whole number. Budgeted production units
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