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Johnston Equipment develops food processing equipment. The budgeted fixed overhead costs for 2018 total $624,000. The company uses direct labour-hours for fixed overhead allocation and
Johnston Equipment develops food processing equipment. The budgeted fixed overhead costs for 2018 total $624,000. The company uses direct labour-hours for fixed overhead allocation and anticipates 520,000 hours during the year for 960,000 units. An equal number of units are budgeted for each month. | ||||||||
During April 84,000 packages (units) were produced and $72,000 was spent on fixed overhead. | ||||||||
Required: | ||||||||
. | Determine the production-volume overhead variance for April. |
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