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Lihue, Inc., applies fixed overhead at the rate of $2.30 per unit. Budgeted fixed overhead was $803,850. This month 344.000 units were produced, and actual

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Lihue, Inc., applies fixed overhead at the rate of $2.30 per unit. Budgeted fixed overhead was $803,850. This month 344.000 units were produced, and actual overhead was $800,000. Required: a. What are the fixed overhead price and production volume variances for Lihue? b. What was budgeted production for the month

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