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Determine the volume variance for July

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Question - Hatter, Incorporated allocates fixed overhead at a rate of $17 per direct labor hour. This amount is based on 90% of capacity or 3,600 direct labor hours for 6,000 units. During July, Hatter produced 5,500 units. Budgeted fixed overhead is $66,000, and overhead incurred was $67,000. Determine the volume variance for July.

Reference no: EM133100402

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