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Colin Corporation manufactured 230,000 units during March. The following fixed overhead data pertain to March: Actual Static Budget Production 230,000 units 250,000 units Machinehours 115,000
Colin Corporation manufactured 230,000 units during March. The following fixed overhead data pertain to March:
Actual | Static Budget | ||
Production | 230,000 units | 250,000 units | |
Machinehours | 115,000 hours | 100,000 hours | |
Fixed overhead costs for March | $517,500 | $500,000 | |
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What is the production volume variance?
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