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The standard costs and actual costs for factory overhead for the manufacture of 2,800units of actual production are as follows: Standard Costs Line Item Description

The standard costs and actual costs for factory overhead for the manufacture of 2,800units of actual production are as follows:

Standard Costs
Line Item Description Value
Fixed overhead (based on 10,000 hours) 3 hours per unit at $0.78 per hour
Variable overhead 3 hours per unit at $1.99 per hour

Actual Costs Total variable cost, $17,900 Total fixed cost, $8,000

The fixed factory overhead volume variance is

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