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Question 6 0.25 pts The standard manufacturing overhead costs per product are based on direct labour hours and are as follows: Variable overhead (5 hours

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Question 6 0.25 pts The standard manufacturing overhead costs per product are based on direct labour hours and are as follows: Variable overhead (5 hours @ $36 per hour) $180 Fixed overhead (5 hours @ $54 per hour)* $270 Total overhead $450 * Based on capacity of 300,000 direct labour hours per month The following information is available for the month of October: .56,272 products were produced, although 60,000 products were budgeted. .275,000 direct labour hours were worked at a total cost of $11,475,000. . Variable overhead costs were $10,530,000. . Fixed overhead costs were $16,875,000. What is the fixed overhead volume variance? ****Consider that negative number means Favourable variance and positive number means Unfavourable variance.****

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