Kramer Company budgeted that it would operate at 80% capacityfor the month producing 800 units of its
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Kramer Company budgeted that it would operate at 80% capacityfor the month producing 800 units of its product, AA. Each unitrequires 2 direct labor hours. At the end of the month it realizedthat they produced 700 units and operated at 70% capacity. If thebudgeted fixed overhead was $3,000, the standard fixed overhead was$2.00 per direct labor hour, what is the volume variance?
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Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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