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From the list below which scenario will equate to an unfavorable fixed overhead volume variance...

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Accounting

From the list below which scenario will equate to an unfavorable fixed overhead volume variance if fixed overhead is allocated on the basis of standard machine hours?
Actual production is higher than budgeted production
Actual number of machine hours is lower than the standard number of machine hours allowed for actual production
Actual number of machine hours is higher than the standard number of machine hours allowed for actual production
Actual production is lower than budgeted production

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