Using normal costing to cost units of production, Steven Harper Co. has gathered the following information:
Using normal costing to cost units of production, Steven Harper Co. has gathered the following information:
Fixed manufacturing overhead was estimated to be $120,000 for the year.
Actual production was 40,000 units.
Actual fixed manufacturing overhead costs incurred were $125,000.
What is the result of this difference between the estimated fixed overhead and actual fixed overhead?
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Using normal costing to cost units of production, Steven Harper Co. has gathered the following information:
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intermediate calculations.)
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