Question: Normal capacity level = 10 000 hrs Fixed OH cost = USD 40,000 Variable rate= 7 USD per unit Actual FOH cost = USD 59,700

Normal capacity level = 10 000 hrs Fixed OH cost = USD 40,000 Variable rate= 7 USD per unit Actual FOH cost = USD 59,700 Estimated FOH Cost = USD 58,000 Actual capacity allowed = 8,800 hrs Calculate total volume and budgeted variance and total variance with overhead applied rate

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