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    Fixed Overhead Variances

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    I am studying for my final coming up and my professor gave the class a bunch of practice tests and quizzes for review. I need to compare my answers to that of a professional so I can hopefully pass my final exam. Thank you.
    Please see attached. I need to know what goes in the boxes.

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    1. Predetermined fixed overhead rate = Budgeted fixed overhead/Budgeted direct labor ...

    Solution Summary

    The solution explains how to calculate Fixed Overhead Variances