A companys standard for a unit of its single product is $4 per unit in fixed overhead
Question:
A company’s standard for a unit of its single product is
$4 per unit in fixed overhead ($24,000 total∕6,000 units budgeted). Actual data for the period show total actual fixed overhead of $24,100 and production of 4,800 units. Its volume variance is
a. $4,800 U.
c. $100 U.
e. $4,900 U.
b. $4,800 F.
d. $100 F.
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Related Book For
Financial And Managerial Accounting Information For Decisions
ISBN: 9781259726705
7th Edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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