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Titus Company produced 3,100 units of a product that required 4.776 standard hours per unit....

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Accounting

Titus Company produced 3,100 units of a product that required 4.776 standard hours per unit. The standard fixed overhead cost per unit is $1.20 per hour at 15,100 hours, which is 100% of normal capacity.

Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number. Round your answer to the nearest dollar.

$_____________ Favorable or Unfavorable?

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