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bernie2981 bernie2981
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9 years ago
Channel One Industries uses a standard costing system to apply manufacturing costs to its production process. In May, Channel One anticipated producing 2,450 units with fixed manufacturing overhead costs allocated at $7.40 per direct labor hour with a standard of 1.5 direct labor hours per unit. In May, actual production was 3,200 units and actual fixed manufacturing overhead costs were $23,000.

What was Channel One's fixed manufacturing overhead budget variance in May?
A) $4,195 unfavorable
B) $8,325 favorable
C) $4,195 favorable
D) $8,325 unfavorable
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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bernie2981 Author
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9 years ago
Wow! Thank you
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