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Sunday, September 6, 2015

Information on Carney Company's fixed overhead costs follows

Fixed Cost Variances

Information on Carney Company's fixed overhead costs follows:

Overhead applied............. $360,000
Actual overhead............... 385,500
Budgeted overhead.......... 369,000

Required:
What are the fixed overhead price and production volume variances?


Click here for the solution: Information on Carney Company's fixed overhead costs follows