Benson Company, which uses a standard cost system, budgeted $675,000 of fixed overhead when 45,000...

70.2K

Verified Solution

Question

Accounting

Benson Company, which uses a standard cost system, budgeted $675,000 of fixed overhead when 45,000 machine hours were anticipated. Other data for the period were: Actual units produced: 12,000 Standard production time per unit: 3.6 machine hours Fixed overhead incurred: $705,000 Actual machine hours worked: 47,000 rev: 10_29_2012

17.

Benson's fixed-overhead volume variance is:

$27,000 unfavorable.
$30,000 favorable.
$27,000 favorable.
$12,000 favorable.
$30,000 unfavorable.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students