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James Madison University Operations And Supply Chain Management Assignment Help - A company provided


Question - A company provided the following data: Standard fixed overhead rate (SFOR) ……………….. $7 per direct labor hour Actual fixed overhead costs …………………………. $250,895 Standard hours allowed per unit …………………….. 3 hours Actual production …………………………………… 12,000 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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