Question: Please do not copy from Chegg. Only attempt if you are sure about the answer. Solve in a step by step manner, explaining each step.

Please do not copy from Chegg. Only attempt if you are sure about the answer. Solve in a step by step manner, explaining each step.

Total Fixed Overhead Variance Ross Company provided the following data: Standard fixed overhead rate (SFOR) $5 per direct labor hour Actual fixed overhead costs $281,680 Standard hours allowed per unit 4 hours Actual production 14,000 units Required: 1. Calculate the standard hours allowed for actual production. 2. Calculate the applied fixed overhead. $ 3. Calculate the total fixed overhead variance

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