Plastic Imitations produced 1,000 units during November. Normal activity for the company is 1,200 units per month.

Question:

Plastic Imitations produced 1,000 units during November. Normal activity for the company is 1,200 units per month. The budgeted fixed overhead was $4,800 and the actual fixed overhead for November was $4,600.

a. What was the price variance for fixed overhead for Plastic Imitations for November?

b. What was the volume variance for fixed overhead for Plastic Imitations in November?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting

ISBN: 9780137689453

1st Edition

Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope

Question Posted: