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Denominator hours for May 17,000 Actual hours worked during May 14,800 Standard hours allowed for May 13,600 Flexible budget fixed overhead cost $ 51,000 Actual
| Denominator hours for May | 17,000 | |
| Actual hours worked during May | 14,800 | |
| Standard hours allowed for May | 13,600 | |
| Flexible budget fixed overhead cost | $ | 51,000 |
| Actual fixed overhead costs for May | $ | 54,200 |
| What is the production volume variance for May? |
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Auditors Guide To IT Auditing
Authors: Richard E. Cascarino
2nd Edition
1118147618, 978-1118147610
