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3. At the beginning of the year, X Company expected to produce 3,400 units of its only product. Its estimate of fixed overhead was $15,000,
3. At the beginning of the year, X Company expected to produce 3,400 units of its only product. Its estimate of fixed overhead was $15,000, and its estimate of variable overhead per unit was $6.86.
At the end of the year, 2,900 units were actually produced, with actual total overhead cost of $30,522.
What was X Company's total overhead flexible budget variance for the year [a positive number means a favorable variance; a negative number means an unfavorable variance]?
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