Question: Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable +

Actual machine hours Standard machine hours allowed Denominator activity (machine hours)

Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable + $4 fixed) 845 910 1.020 $ 3,900 $ 4,080 $ 6 What is the production volume variance? O $180. O $440. O $390 O $260. 2022 McGraw-Hill Education. All rights reserved

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