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Business, 19.12.2019 23:31 consueloquintan1

Gina production company uses a standard costing system. the following information pertains to the current year:

actual overhead costs ($16,500 is fixed) $40,125
actual direct labor costs (11,250 hours) $131,625
standard direct labor for 5,500 units:
standard hours allowed 11,000 hours
labor rate $12.00
the overhead rate is based on an activity level of 10,000 hours. standard cost data for 5,000 units is as follows:

variable overhead $22,500
fixed overhead 13,500
total overhead $36,000
what is the fixed overhead volume variance for gina production company?

a .$1,350 fb. $3,600 fc. $4,125 ud. $1,350 u

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