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The following information is available for Baxter Manufacturing for April: Actual machine hours 850 Standard machine hours allowed 920 Denominator activity (machine hours) 1,060 Actual
The following information is available for Baxter Manufacturing for April:
| Actual machine hours | 850 | ||
| Standard machine hours allowed | 920 | ||
| Denominator activity (machine hours) | 1,060 | ||
| Actual fixed overhead costs | $ | 4,000 | |
| Budgeted fixed overhead costs | $ | 4,240 | |
| Predetermined overhead rate ($1 variable + $4 fixed) | $ | 5 | |
What is the fixed overhead price (spending) variance for April?
Multiple Choice
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$350
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$280
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$560
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$240
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The Art Of Integrating Strategic Planning Process Metrics Risk Mitigation And Auditing
Authors: J.B. Smith
1st Edition
0873899253, 978-0873899253
