Information about the use of fixed overhead at EZ Toys' Trucks Division follows:
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Annual budget data
Fixed overhead
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= $115,200
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Direct labor hours
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= 57,600
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Standard fixed overhead rate
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= $2 per hour
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Standard costs
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0.4 hour per truck @ $2 per hour
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= $0.8 per truck
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Trucks produced in October
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= 10,000
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Actual variable overhead cost
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= $9,000
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Required:
Prepare Truck Division's fixed overhead variances for October.