Accounting

Quiz #16

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Accounting Quiz - 20 Questions

1

If the fixed setup cost is $32000 and the variable setup cost is $12000, then the setup cost will be ___________?
2

If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted fixed overhead will be __________?
3

The difference between actual quantity and budgeted quantity of cost allocation base is classified as __________?

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