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Calculate the FOH Budget Variance and FOH Volume Variance

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Reference no: EM132461129

Problem - Holl Corporation has provided the following data for November.

Denominator level of activity - 5200 machine-hours

Budgeted fixed manufacturing overhead costs - $63,440

Standard machine-hours allowed for the actual output - 5500 machine-hours

Actual fixed manufacturing overhead costs - $62,400

Required - Calculate the following. Input all amounts as positive values.

1. FOH Budget Variance

2. FOH Volume Variance

Reference no: EM132461129

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