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TB MC Qu. 15-118 (Algo) The fixed overhead production volume variance: Terry Company The following information is available from the Terry Company: $ 35,000 $

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TB MC Qu. 15-118 (Algo) The fixed overhead production volume variance: Terry Company The following information is available from the Terry Company: $ 35,000 $ 11,700 $ 18,000 Actual total factory overhead cost incurred Actual fixed overhead cost incurred Budgeted fixed overhead expenses Actual direct labor hours (DLH) worked Standard DLHs for this period's production (output) Standard variable overhead rate per DLH Standard fixed overhead rate per DLH 9,200 4.900 $ 3.00 $ 2.50 What is the fixed overhead production volume variance for Terry Company for the period? Multiple Choice $5,350 favorable. d $5.750 unfavorable. o $5.950 unfavorable. o $6,150 favorable. O O $6,150 unfavorable

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