=+PE 23-4B Factory overhead volume variance obj. 4 EE 23-4 p. 1058 Practice Exercises 1070 Chapter 23

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=+PE 23-4B Factory overhead volume variance obj. 4 EE 23-4 p. 1058 Practice Exercises 1070 Chapter 23 Performance Evaluation Using Variances from Standard Costs Norris Company produced 500 units that require six standard pounds per unit at $1.25 standard price per pound. The company actually used 2,900 pounds in production.

Journalize the entry to record the standard direct materials used in production.

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