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The following information is available for Baxter Manufacturing for April: 895 Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead
The following information is available for Baxter Manufacturing for April: 895 Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable + $5 fixed) 970 1,160 $4,900 $5,800 $ 7 What is the fixed overhead price (spending) variance for April? 1 Multiple Choice o $375 o $525 o $950 o $900
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