The managerial accountant at Space Right Office Cubicles calculates fixed overhead variances to complete the August report. The actual fixed overhead cost in the month of August was $56,400 and the budgeted fixed overhead cost was $58,100. The standard hours in August were 3,200 and the standard rate per machine-hour was $18. Calculate the standard fixed overhead cost allocated to production, the fixed overhead budget variance, and the fixed overhead volume variance. Group of answer choices
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The managerial accountant at Space Right Office Cubicles calculates fixed overhead variances to comp...
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