Question: Please provide the accurate answer to this general accounting problem using valid techniques. Riverside Corporation applies manufacturing overhead to products based on standard machine-hours. The

Please provide the accurate answer to this general accounting problem using valid techniques.

Riverside Corporation applies manufacturing overhead to products based on standard machine-hours. The budgeted fixed manufacturing overhead cost for the most recent month was $30,000, and the actual fixed manufacturing overhead cost for the month was $31,200. The company based its original budget on 6,000 machine-hours. The standard hours allowed for the actual output of the month totaled 6,500 machine hours. Required: a. What was the overall fixed manufacturing overhead budget variance for the month? b. What was the fixed overhead rate? c. What was the volume variance

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