Question
South Company has total budgeted fixed costs of P75,000, Actual production of 19,500 units resulted in a P3,000 favorable volume variance. What normal capacity was
South Company has total budgeted fixed costs of P75,000, Actual production of 19,500 units resulted in a P3,000 favorable volume variance. What normal capacity was used to determine the fixed overhead rate?
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
17th edition
978-0273778172, 027377817X, 978-1292080505
