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Massachusetts Institute Of Technology Operations And Supply Chain Management Assignment Help - Outdoor barbecue grill

Question - An outdoor barbecue grill manufacturer has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity............................... 3,900 DLHs Fixed overhead cost.......................................... $49,530 The following data pertain to operations for the most recent period: Actual hours................................................... 3,800 DLHs Standard hours allowed for the actual output....... 3,861 DLHs Actual total fixed manufacturing overhead cost.... $50,230 What was the fixed manufacturing overhead budget variance for the period to the nearest dollar? ...Read More

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