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*The following information is available for Baxter Manufacturing for April: Actual machine hours 840 Standard machine hours allowed 900 Denominator activity (machine hours) 1,000 Actual
*The following information is available for Baxter Manufacturing for April:
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| Actual machine hours |
| 840 |
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| Standard machine hours allowed |
| 900 |
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| Denominator activity (machine hours) |
| 1,000 |
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| Actual fixed overhead costs | $ | 3,800 |
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| Budgeted fixed overhead costs | $ | 4,000 |
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| Predetermined overhead rate ($1 variable + $4 fixed) | $ | 5 |
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What is the production volume variance?
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