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Livingston Company has developed capacity standards. Information about a non-value-added activity is as follows: Standard cost of the activity capacity acquired $60,000 Standard cost of
Livingston Company has developed capacity standards. Information about a non-value-added activity is as follows:
| Standard cost of the activity capacity acquired | $60,000 |
| Standard cost of the activity capacity used | 0 |
| Standard cost of the actual activity used | 50,000 |
The volume variance is
a.$60,000 unfavorable.
b.$10,000 favorable.
c.$60,000 favorable.
d.$10,000 unfavorable.
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
