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Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below.

image text in transcribed Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhead costs for the most recent month appear below. Variable overhead costs: Supplies Indirect labor Fixed overhead costs: Supervision Utilities Original Budget Actual Costs $ 8,100 $ 8,290 10,750 10,100 15,910 14,520 15,200 15,250 59,610 60,950 Factory depreciation Total overhead cost $ 109,570 $ 109 110 The company based its original budget on 8,100 machine-hours. The company actually worked 8,060 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 7,990 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Round your intermediate calculations to 2 decimal places.)

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