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D corporation is a manufacturer of computer accessories. It uses standard costs and reports the following data for 2017: Budgeted production 265,000 units Actual production
D corporation is a manufacturer of computer accessories. It uses standard costs and reports the following data for 2017:
Budgeted production | 265,000 units |
Actual production | 235,000 units |
Selling Price | $39 per unit |
Beginning inventory | 35,000 units |
Sales volume | 250,000 units |
Variable budgeted manufacturing costs | $10 per units |
Total budgeted fixed manufacturing costs | $ 2,915,000 |
Total budgeted operating (non-manufacturing costs) (all fixed) | $2,000,000 |
There are no price, spending, or efficiency variances. Actual operating costs equal budgeted operating costs. The production-volume variance is written off to cost of goods sold. What is the production-volume variance in 2017?
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