Neptune Incorporated uses a standard cost system and has the following information for the most...
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Accounting
Neptune Incorporated uses a standard cost system and has the following information for the most recent month, April:
| Actual direct labor hours (DLHs) worked | 25,000 |
|---|---|
| Standard DLHs allowed for good output produced this period | 26,000 |
| Actual total factory overhead costs incurred | $ 65,500 |
| Budgeted fixed factory overhead costs | $ 11,400 |
| Denominator activity level, in direct labor hours (DLHs) | 20,000 |
| Total factory overhead application rate per standard DLH | $ 2.70 |
The fixed overhead production volume variance in April for Neptune, Incorporated was: (Round your intermediate calculation to 2 decimal places.) PLEASE SHOW ALL WORK AND STEPS. THANK YOU
Multiple Choice
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$2,300 favorable.
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$2,200 unfavorable.
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$3,420 favorable.
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$3,240 favorable.
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$4,460 favorable.
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