Sheffield Company uses a standard cost system. Indirect costs were budgeted at $210,900 plus $12 per direct labour hour. The overhead rate is based on 11,100 hours. Actual results were: Standard direct labour hours allowed Actual direct labour hours Fixed overhead Variable overhead (a) X Your answer is incorrect. 9,330 11,100 eTextbook and Media $188,400 $183,500 Calculate the fixed overhead production volume variance. Fixed overhead production volume variance $ 22500 Favourable

Shetheld Company uses a standard cost 5y stem. Indirect costs were budgeted at $210,900 plus $12 per direct labour hour. The overhead rate is based on 11,100 hours. Actual results were: (a) Calculate the foed overhead production volume variance