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The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible
The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost Actual fixed overhead costs for May 20,000 22,000 16,000 $145,000 $148,000 Danske Company had total underapplied overhead of $19,000. Additional Information is as follows: Variable Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $82,000 42,000 Fixed Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $70,000 31,000 What is the production volume variance for May?
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