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Clement Corporation uses a standard cost system. The standard costs per case for one of its product lines are shown below: Direct materials = $

  Clement Corporation uses a standard cost system. The standard costs per case for one of its product lines are shown below: Direct materials = $8 per case; Direct labor = $2 per case; Variable overhead = $4 per case; Fixed overhead = $15 per case. The company\'s fixed overhead costs per case are based on a normal output of 1,500 cases per month. During the current month, the company produced 1,800 cases at a total manufacturing cost of $53,000. What is the company\'s total cost variance for the month ?
 

 

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