Use the following information for the next 4 questions.
Burkett Company uses a standard cost system. Indirect costs were budgeted at $200,000 plus $15 per direct labor hour. The overhead rate is based on 10,000 hours. Actual results were:
-The fixed overhead production volume variance was
A) $15,000 F
B) $20,000 U
C) $10,000 F
D) $10,000 U
Correct Answer:
Verified
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