Carlson Fashions uses standard costs for its manufacturing division. From the following data, calculate the fixed overhead volume variance.
Actual fixed overhead $30,000
Budgeted fixed overhead $25,000
Standard overhead allocation rate$9
Standard direct labor hours per unit 4 DLHr
Actual output 2,200 units
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.