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The following information is available from the Terry Company: Actual total factory overhead cost incurred $ 22,000 Actual fixed overhead cost incurred $ 10,100 Budgeted
The following information is available from the Terry Company:
Actual total factory overhead cost incurred | $ 22,000 |
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Actual fixed overhead cost incurred | $ 10,100 |
Budgeted fixed overhead expenses | $ 12,000 |
Actual direct labor hours (DLH) worked | 4,800 |
Standard DLHs for this periods production (output) | 4,200 |
Standard variable overhead rate per DLH | $ 3.00 |
Standard fixed overhead rate per DLH | $ 2.50 |
What is the fixed overhead production volume variance for Terry Company for the period?
Multiple Choice
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$1,100 favorable.
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$1,500 unfavorable.
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$1,700 unfavorable.
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$1,900 favorable.
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$1,900 unfavorable.
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