What fixed manufacturing overhead applied must be

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Question 1: Fixed manufacturing overhead was budgeted at P500,000 and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was P12,000 favorable and the fixed overhead spending variance was P16,000 unfavorable, fixed manufacturing overhead applied must be

Option 1: P516,000

Option 2: P504,000

Option 3: . P512,000

Option 4: P496,000

Reference no: EM132566974

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