Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Standard Actual Variable OH Rate $3.35 Fixed OH Rate $1.80 Hours 18,900 17,955 Fixed Overhead $46,000 Actual Variable Overhead $67,430 Total Factory Overhead $101,450 Calculate
Standard | Actual | |
Variable OH Rate | $3.35 | |
Fixed OH Rate | $1.80 | |
Hours | 18,900 | 17,955 |
Fixed Overhead | $46,000 | |
Actual Variable Overhead | $67,430 | |
Total Factory Overhead | $101,450 |
Calculate the fixed factory overhead volume variance using the above information:
A. $4,866.75 Unfavorable B. $4,866.75 Favorable C. $1,701 Favorable D. $1,701 Unfavorable
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started