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The following information is available for Baxter Manufacturing for April: Actual machine hours 900 Standard machine hours allowed 1,020 Denominator activity (machine hours) 1,125 Actual
The following information is available for Baxter Manufacturing for April:
| Actual machine hours | 900 | ||
| Standard machine hours allowed | 1,020 | ||
| Denominator activity (machine hours) | 1,125 | ||
| Actual fixed overhead costs | $ | 5,000 | |
| Budgeted fixed overhead costs | $ | 5,625 | |
| Predetermined overhead rate ($1 variable + $5 fixed) | $ | 6 | |
What is the fixed overhead price (spending) variance for April?
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Financial Accounting Tools For Business Decision Making WileyPLUS NextGen Card Single Semester
Authors: Paul D. Kimmel ,Jerry J. Weygandt ,Donald E. Kieso
10th Edition
1119791022, 978-1119791027
