Question
Titus Company produced 3,700 units of a product that required 4.827 standard hours per unit. The standard fixed overhead cost per unit is $2.80 per
Titus Company produced 3,700 units of a product that required 4.827 standard hours per unit. The standard fixed overhead cost per unit is $2.80 per hour at 18,200 hours, which is 100% of normal capacity.
a. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number. Round your answer to the nearest dollar.
b. Favorable/Unfavorable?
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Cornerstones Of Managerial Accounting
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
4th Edition
978-0538473460, 0538473460
