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QUESTION 15 The following information is available for a company for Period 4. Budget Fixed production overheads Units RM22,960 6,560 The standard time to
QUESTION 15 The following information is available for a company for Period 4. Budget Fixed production overheads Units RM22,960 6,560 The standard time to produce each unit is 2 hours. Actual Fixed production overheads Units Labour hours Calculate the following: (a) Fixed overhead absorption rate per hour. (b) Fixed overhead capacity variance. (c) Fixed overhead efficiency variance. (d) Fixed overhead volume variance. RM24,200 6,460 12,600 hrs
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