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Arca Incorporated Makes a Single Product-A Critical Part Used in Commercial

Question 12

Multiple Choice

Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Arca Incorporated makes a single product-a critical part used in commercial airline seats. The company has a standard cost system in which it applies overhead to this product based on the standard machine-hours allowed for the actual output of the period. Data concerning the most recent year appear below:   The fixed overhead volume variance is: A)  $42,675 U B)  $57,675 U C)  $42,675 F D)  $57,675 F The fixed overhead volume variance is:


A) $42,675 U
B) $57,675 U
C) $42,675 F
D) $57,675 F

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