XYZ Company produced 15,000 units of product that required 4 standard direct labor hours per...
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Accounting
XYZ Company produced 15,000 units of product that required 4 standard direct labor hours per unit. The standard fixed overhead cost per unit is $1.15 per direct labor hour at 58,000 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number and an unfavorable variance as a positive number.
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