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What mno fixed overhead volume variance was

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Question 1: MNO's actual and budgeted fixed overhead amounts for the last year were $290,000 and $240,000. Standard hours allowed for the output achieved was 65,000 hours. 60,000 hours had been budgeted for the year. MNO's fixed overhead volume variance was:

a) $20,000 favourable

b) $20,000 unfavourable

c) nill.

d) $10,000 unfavourable

Reference no: EM132559081

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