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Holl Corporation has provided the following data for November. Denominator level of activity 6,700 machine-hours Budgeted fixed manufacturing overhead costs $ 91,790 Standard machine-hours allowed
Holl Corporation has provided the following data for November.
Denominator level of activity | 6,700 | machine-hours | |
Budgeted fixed manufacturing overhead costs | $ | 91,790 | |
Standard machine-hours allowed for the actual output | 7,000 | machine-hours | |
Actual fixed manufacturing overhead costs | $ | 90,450 | |
Required:
a. Compute the budget variance for November.
b. Compute the volume variance for November.
(Input all amounts as positive values.)
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