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Use the information below to answer the following question(s) .Regal Company uses a single cost pool for fixed manufacturing overhead.The amount for June 2019 was budgeted at $500,000; however, the actual amount was $700,000.Actual production for June was 12,500 units, and actual machine hours were 10,000.Budgeted production included 17,750 units and 12,375 machine hours.
-Leek Company predicted that the fixed overhead would be $200,000 in April 2018.Production amounted to 60,000 actual and 50,000 budgeted decks of cards.Each deck takes approximately 0.20 machine hours to produce.The actual overhead costs per machine hour are $25.What is the production-volume variance?
Relative Poverty
A condition where people lack the minimum amount of income needed in order to maintain the average standard of living in the society in which they live.
Credit Card Debt
The accumulated unpaid balances owed on credit card accounts.
McKinney-Vento Homeless Assistance Act
A U.S. federal law that provides federal money for homeless shelter programs and aims to address the problems of homelessness in America.
Chronic Illness
An ongoing illness that requires regular medical attention and can affect a child’s normal activities.
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