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Jordan Corporation uses a standard cost system. The standard costs per unit for one of...

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Accounting

Jordan Corporation uses a standard cost system. The standard costs per unit for one of its product lines are shown below: Direct materials =$50
per unit; Direct labor = $30 per unit; Variable overhead = $4 per unit; Fixed overhead = $15 per unit. The company's fixed overhead costs per unit are
based on a normal output of 250 units per month. During the current month, the company produced 200 units at a total manufacturing cost of
$17,000. The company's total cost variance for the month was $
favorable.
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