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The Rose Company uses a flexible budget to plan and control manufacturing overhead costs. Overhead costs are applied to products on the basis of direct

The Rose Company uses a flexible budget to plan and control manufacturing overhead costs. Overhead costs are applied to products on the basis of direct labor-hours. The standard cost card shows that 5 direct labor-hours are required per unit of product. Rose Company had the following budgeted and actual data for March: Actual Budgeted Units produced 22,000 20,000 Direct labor-hours 105,000 100,000 Variable overhead costs $91,000 $80,000 Fixed overhead costs $52,000 $50,000 Compute the fixed overhead production volume variance for March.

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