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Bonehead Co. has the following factory overhead costs: std o/h applied to this period's production- $72000 flexible budget for o/h based on output (ie units
Bonehead Co. has the following factory overhead costs:
std o/h applied to this period's production- $72000
flexible budget for o/h based on output (ie units produced)- 65000
total budgeted o/h in the master (static) budget- 86000
actual total o/h cost incurred during the period- 76000
The factory overhead production volume variance for Bonehead Co. this period is:
$4000 unfav
$7000 fav
$10000 fav
$11000 unfav
$14000 unfav
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