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If Actual Fixed Overhead Was £164,000 and There Was a £4,800

Question 55

Multiple Choice

If actual fixed overhead was £164,000 and there was a £4,800 favourable spending variance and a £1,000 unfavourable volume variance, budgeted fixed overhead must have been


A) £168,800.
B) £167,800.
C) £165,000.
D) £163,000.
E) £159,200.

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