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Colin Corporation manufactured 230,000 units during March. The following fixed overhead data pertain to March: Actual Static Budget Production 230,000 units 250,000 units Machinehours 115,000

Colin Corporation manufactured 230,000 units during March. The following fixed overhead data pertain to March:

Actual

Static Budget

Production

230,000 units

250,000 units

Machinehours

115,000 hours

100,000 hours

Fixed overhead costs for March

$517,500

$500,000

What is the production volume variance?

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