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Michael Corporation manufactured 26,000 units during March. The fixed-overhead cost-allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March: Actual Static
Michael Corporation manufactured 26,000 units during March. The fixed-overhead cost-allocation rate is $20.00 per machine-hour. The following fixed overhead data pertain to March: Actual Static Budget Production 26,000 units 24,000 units Machine-hours 6,100 hours 6,000 hours Fixed overhead costs for March $128,000 $120,000 What is the flexible-budget amount? What is the amount of fixed overhead production volume variance?
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