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What type of variance results when the actual fixed overhead costs incurred are greater than the budgeted fixed overhead costs? Unfavorable fixed overhead budget variance
What type of variance results when the actual fixed overhead costs incurred are greater than the budgeted fixed overhead costs? Unfavorable fixed overhead budget variance Favorable fixed overhead volume variance Unfavorable fixed overhead volume variance Favorable fixed overhead budget variance An LCD screen is purchased to be used in the manufacturing of a digital watch The Standard Price (SP) for the LCD screen used is $40 During the month of February, 3 400 screens were purchased and used. The materials price variance was $6,000 unfavorable. The standard number of screens allowed for the actual number of watches manufactured during the period was 25.000 screens. The actual purchase price of each LCD screen may be closest to $39.76 per LCD screen. $38.24 per LCD screen. $40.24 per LCD screen. $41 76 per LCD screen
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