The standard fixed overhead costs budget for CTF of 800 units with detail information as follows: 3hours/unit and $22 per labour hour. The actual fixed overhead costs budget of 1,000 units is $55,000. Analyse the fixed overhead costs variance

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The standard fixed overhead costs budget
for CTF of 800 units with detail information
as follows: 3hours/unit and $22 per labour
hour.
The actual fixed overhead costs budget of
1,000 units is $55,000.
Analyse the fixed overhead costs variance
Transcribed Image Text:The standard fixed overhead costs budget for CTF of 800 units with detail information as follows: 3hours/unit and $22 per labour hour. The actual fixed overhead costs budget of 1,000 units is $55,000. Analyse the fixed overhead costs variance
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