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Following information is given Variable overhead rate $3.35 Fixed overhead rate $1.80 Hours 18,900 17,955 * Fixed overhead $46,000 Actual variable overhead $67,430 Total factory
Following information is given
| Variable overhead rate | $3.35 | |
|---|---|---|
| Fixed overhead rate | $1.80 | |
| Hours | 18,900 | 17,955* |
| Fixed overhead | $46,000 | |
| Actual variable overhead | $67,430 | |
| Total factory overhead | $101,450 |
*Actual hours are equal to standard hours for units produced.
Calculate the fixed factory overhead volume variance.
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
