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Venus Corporation incurred fixed manufacturing costs of $6,600 during 2019. Budgeted fixed manufacturing costs were $5,000. Other information for 2019 includes: The budgeted denominator level
Venus Corporation incurred fixed manufacturing costs of $6,600 during 2019. Budgeted fixed manufacturing costs were $5,000. Other information for 2019 includes:
The budgeted denominator level is | 2,000 units. |
Units produced total | 770 units. |
Units sold total | 1,500 units. |
Beginning finished goods inventory was | 200 units. |
The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold.
The production-volume variance totals ________.
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