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XYZ Co. manufactured 37,500 units in this month. The following information is given: Actual Static Budget Production 18,750 units 17,000 units Machine-hours 5,187.5 hours 5,100

  1. XYZ Co. manufactured 37,500 units in this month. The following information is given:

Actual Static Budget

Production 18,750 units 17,000 units

Machine-hours 5,187.5 hours 5,100 hours

Fixed overhead costs $106,600 $102,000

What is the fixed overhead production-volume variance?

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