Question
Managerial accounting help please! 1. Lines, Inc. applies overhead at the standard rate of $20/units, based on anticipated production of 2,000 units. If Line's actual
Managerial accounting help please!
1. Lines, Inc. applies overhead at the standard rate of $20/units, based on anticipated production of 2,000 units. If Line's actual overhead is $41,000, the overhead volume variance is
a. 1000 favorable
b. 1000 unfavorable
c cannot tell from data given
d none of the above
I believe the answer is b 1000 unfavorable
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Financial Accounting Reporting And Analysis
Authors: Jennifer Maynard
2nd Edition
0198745311, 9780198745310
