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Required information

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Magic Spoon is a company that develops and produces healthier alternatives to your favorite breakfast cereals. In the last quarter:

Budgeted fixed overhead was $$50,000.$

Planned production was $1,000,000$ units.

Actual production was $990,000$ units.

Required:

$\backslash$table$[[$Qa: Calculate the production$-$volume variance and indicate if it is favorable or unfavorable.$]]$