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Company X incurred fixed manufacturing costs of $96000. The following informati...

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Company X incurred fixed manufacturing costs of $96000. The following information is available:

  • Budgeted level of production: 3200
  • Units produced in January: 2560
  • Units sold in January: 2240
  • Inventory, January 1st: 0 units

Company uses absorption costing. How much is the production volume variance for January?

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