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The following information is available for Baxter Manufacturing for April: Actual machine hours 890 Standard machine hours allowed 960 Denominator activity (machine hours) 1,075 Actual
The following information is available for Baxter Manufacturing for April:
| Actual machine hours | 890 | ||
| Standard machine hours allowed | 960 | ||
| Denominator activity (machine hours) | 1,075 | ||
| Actual fixed overhead costs | $ | 4,800 | |
| Budgeted fixed overhead costs | $ | 5,375 | |
| Predetermined overhead rate ($1 variable + $5 fixed) | $ | 6 | |
What is the fixed overhead price (spending) variance for April?
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Becker CPA Exam Final Review Auditing
Authors: Becker
1st Edition
1943628521, 978-1943628520
