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Information on Carney Company's fixed overhead costs follows: Required: What are the fixed overhead price and production volume variances? (Indicate the effect of each variance

Information on Carney Company's fixed overhead costs follows: Required: What are the fixed overhead price and production volume variances? (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.)

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