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

Question 66

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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 volume variance is: A)  $43,560 U B)  $43,560 F C)  $29,560 F D)  $29,560 U
-The fixed overhead volume variance is:


A) $43,560 U
B) $43,560 F
C) $29,560 F
D) $29,560 U

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