3 Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $11,100...

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3 Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $11,100 and budgeted production of 30,000 units. Actual results for the month of October reveal that Cholla produced 29,000 units and spent $11,400 on fixed manufacturing overhead costs. Required: Calculate Cholla's fixed overhead spending variance. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Fixed Overhead Spending Variance 3 Cholla Company's standard fixed overhead rate is based on budgeted fixed manufacturing overhead of $11,100 and budgeted production of 30,000 units. Actual results for the month of October reveal that Cholla produced 29,000 units and spent $11,400 on fixed manufacturing overhead costs. Required: Calculate Cholla's fixed overhead spending variance. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Fixed Overhead Spending Variance

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