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The Malcolm Company uses a standard cost system in which manufacturing overhead costs are applied to products on the basis of direct labor-hours (DLHs). The

The Malcolm Company uses a standard cost system in which manufacturing overhead costs are applied to products on the basis of direct labor-hours (DLHs). The standards call for 3 hours of direct labor per unit produced. The following data pertain to the company's manufacturing overhead for the month of July:

Actual fixed overhead cost incurred

$28,450

Budgeted activity

8,400

DLHs

Number of units produced

2,900

units

Budget variance

$3,250

Unfavorable

The production volume variance for July is:

Example of Answer: 4000U4000F(No comma, space, decimal point, or $ sign)

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