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Texann Co. has the following factory overhead costs: Standard overhead applied to this period's production $72,000 Flexible budget for overhead based on output (i.e. units
Texann Co. has the following factory overhead costs:
Standard overhead applied to this period's production | $72,000 |
Flexible budget for overhead based on output (i.e. units produced) | $65,000 |
Total budgeted overhead in the master (static) budget | $86,000 |
Actual total overhead cost incurred during the period | $76,000 |
The factory overhead production volume variance for Texann Co. this period is favorable, and the amount is:
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