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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:
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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