Fogel Co. expects to produce 104,000 units for the year. The companys flexible budget for...
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Accounting
Fogel Co. expects to produce 104,000 units for the year. The companys flexible budget for 104,000 units of production shows variable overhead costs of $145,600 and fixed overhead costs of $130,000. For the year, the company incurred actual overhead costs of $260,800 while producing 98,000 units. Compute the controllable overhead variance and classify it as favorable, unfavorable or no variance. (Round cost per unit to 2 decimal places.)
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