Question: P8. Given: Fixed MOH volume variance = Std Fixed MOH rate x (Std - Expected Activity level) Expected activity level: The activity level used to

P8. Given: Fixed MOH volume variance = Std Fixed MOH rate x (Std - Expected Activity level) Expected activity level: The activity level used to compute the standard Fixed MOH rate Expected activity level = Budgeted output x Std activity per unit So, If Std > Expected Activity level, will the Fixed MOH volume variance be favorable or unfavorable? Why (in terms of Fixed MOH cost per unit)? Your

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