The following selected information was extracted from the accounting records of Lethbridge Corporation:
Planned manufacturing activity: 40,000 machine hours
Standard variable-overhead rate per machine hour:
Budgeted fixed overhead:
Variable-overhead spending variance:
Variable-overhead eflicieney varianes:
Fixed-overhead budget varianee:
Total actual overhead: S675,000 Required:
Determine the following: actual fixed overhead, actual variable overhead, actual machine hours worked, standard machine hours allowed for actual production, and the fixed-overhead volume variance.
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