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General Mtg . Co . budgeted fixed overhead costs of $ 2 5 , 0 0 0 per quarter and 1 , 0 0 0

General Mtg

.

.

budgeted fixed overhead costs of $

25, 000

per quarter and

1, 000

units per quarter in its normal absorption costing system. Any volume variance is carried forward and closed at year end. The company experienced the following activity:

undefined

The volume variance in quarter

1

was

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