Question: Fixed Overhead Volume Variance Calculation : Calculate the fixed overhead volume variance given the following information: budgeted fixed overhead $100,000, standard hours allowed for actual

  1. Fixed Overhead Volume Variance Calculation: Calculate the fixed overhead volume variance given the following information: budgeted fixed overhead $100,000, standard hours allowed for actual production 2,000 hours, and budgeted hours 2,500 hours. What does this variance indicate about production volume?

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