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Merone Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company bases its predetermined overhead rate on 3,900 machine-hours. The company's
Merone Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company bases its predetermined overhead rate on 3,900 machine-hours. The company's total budgeted fixed manufacturing overhead is $14,820. In the most recent month, the total actual fixed manufacturing overhead was $14,010. The company actually worked 3,800 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 3,920 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month? (Round your intermediate calculations to 2 decimal places.) Multiple Choice 1 0 $380 Unfavorable 0 $810 Favorable 0 $76 Favorable 0 $380 Favorable
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