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Determine the factory overhead volume variance. Round rate to four decimal places and round your final answer to two decimal places. Normal volume ( cases
Determine the factory overhead volume variance. Round rate to four decimal places and round your final answer to two decimal places.
Normal volume cases
Actual volume cases
Difference
Fixed factory overhead rate
Factory overhead volume variance
$
Indicate if favorable or unfavorable
The production volume of
cases was planned at the beginning of August. The variances compare the actual cost and the standard cost of actual production
for the month. Thus, the standard cost must
be based on the
units of actual production.
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