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Helmet Company has the following factory overhead costs for the most recent period: Standard overhead applied to this periods production $ 71,000 Flexible budget for
Helmet Company has the following factory overhead costs for the most recent period:
| Standard overhead applied to this periods production | $ 71,000 |
|---|---|
| Flexible budget for overhead based on output (i.e., units produced) | 60,000 |
| Total budgeted overhead in the master (static) budget | 75,000 |
| Actual total overhead cost incurred during the period | 85,000 |
The fixed overhead production volume variance for Helmet Company this period is:
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
4th Canadian Edition
0470155353, 978-0470155356
