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The standard fixed factory overhead rate is based on 100% capacity of 50,000 direct labor hours.The standard costs and the actual costs for factory overhead for the production of 8,000 units during the current month were as follows:
If there was a $9,000 unfavorable volume variance for December,what is the standard fixed factory overhead cost rate?
Accomplished
Having successfully completed or achieved a goal or objective; skilled and capable.
Received
Pertains to goods, services, or payments that have been accepted or taken in by an individual or organization.
Bought
The past tense of buy, referring to the acquisition of goods or services in exchange for money.
Efficiency
Efficiency refers to the ability to accomplish a task or produce a desired outcome with the minimum amount of waste, expense, or unnecessary effort.
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