Refer to the information in QS 23-15. Compute the volume variance and identify it as favorable or
Question:
Refer to the information in QS 23-15. Compute the volume variance and identify it as favorable or unfavorable.
Data From QS 23-15
AirPro Corp. reports the following for this period. Compute the (a) total overhead variance and (b) controllable variance and identify each variance as favorable or unfavorable.
Transcribed Image Text:
Actual total overhead...... Standard overhead applied... $28,175 $40,180 Budgeted (flexible) variable overhead rate. Budgeted fixed overhead.... Predicted activity level.... Actual activity level... $3.10 per unit ... $12,000 12,000 units 9,800 units
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