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Cost accounting variance? A company operates a standard absorption costing system. The standard fixed production overhead rate is Rs 15 per hour. The following data

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Cost accounting

variance? A company operates a standard absorption costing system. The standard fixed production overhead rate is Rs 15 per hour. The following data relate to last month: Actual hours worked 5,500 Budgeted hours 5.000 Standard hours for actual production 4.800 What was the fixed production overhead capacity variance

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