Question 22.4: Tip Top Corp. produced 3,000 units of product that required ...

Financial and Managerial Accounting

Tip Top Corp. produced 3,000 units of product that required 2.5 standard hours per unit. The standard fixed overhead cost per unit is $0.90 per hour at 8,000 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance.

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