Production-volume variance
Given for the fixed factory overhead of a company: $201,000 applied, $198,000 flexible budget, $205,000 incurred. The production-volume variance is:
A. 3000 U
B. 4000 F
C. 7000 U
D. None of the above
Expected delivery within 24 Hours
Explain the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.
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