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Margaret is working on her company's variance analysis at year-end. She has everything completed except the fixed-MOH variances. Budgeted fixed-MOH costs were $147,200 for
Margaret is working on her company's variance analysis at year-end. She has everything completed except the fixed-MOH variances. Budgeted fixed-MOH costs were $147,200 for the planned 11,500 units to be produced. Per standard cost sheets, fixed-MOH was applied based on DL hours; every unit required 4 DL hours. Actual fixed-MOH costs totaled $148,120 for the year, corresponding to 11,900 actual units produced. Help Margaret to calculate the fixed-MOH price and volume variances for the year. Fixed-MOH price variance $ Fixed-MOH volume variance $ eTextbook and Media Unfavorable Favorable
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