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(Appendix 10A) Tierman Incorporated Makes a Single Product--A Cooling Coil

Question 78

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(Appendix 10A) Tierman Incorporated makes a single product--a cooling coil used in commercial refrigerators. 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:
(Appendix 10A) Tierman Incorporated makes a single product--a cooling coil used in commercial refrigerators. 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 budget variance is: A) $14,000 F B) $43,560 U C) $43,560 F D) $14,000 U
-The fixed overhead budget variance is:


A) $14,000 F
B) $43,560 U
C) $43,560 F
D) $14,000 U

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