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Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable +

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Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($2 variable + $4 fixed) 845 910 1.020 $ 3,900 $ 4,080 $ 6 What is the production volume variance? O $180. O $440. O $390 O $260. 2022 McGraw-Hill Education. All rights reserved

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