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Question Content Area The following data is given for the Bahia Company: Budgeted production (at 100% of normal capacity) 1,029 units Actual production 926 units
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The following data is given for the Bahia Company:
Budgeted production (at 100% of normal capacity) | 1,029 units |
Actual production | 926 units |
Materials: | |
Standard price per pound | $1.82 |
Standard pounds per completed unit | 11 |
Actual pounds purchased and used in production | 9,880 |
Actual price paid for materials | $20,254 |
Labor: | |
Standard hourly labor rate | $14.76 per hour |
Standard hours allowed per completed unit | 4.9 |
Actual labor hours worked | 4,768.9 |
Actual total labor costs | $72,726 |
Overhead: | |
Actual and budgeted fixed overhead | $1,077,000 |
Standard variable overhead rate | $25.00 per standard labor hour |
Actual variable overhead costs | $133,529 |
Overhead is applied on standard labor hours. |
Round your final answer to the nearest dollar. Do not round interim calculations.
The fixed factory overhead volume variance is
a. $107,805 unfavorable
b. $107,805 favorable
c. $20,094 unfavorable
d. $20,094 favorable
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