The following data are given for Bahia Company: Budgeted production (at 100% of normal...

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Accounting

The following data are given for Bahia Company:
Budgeted production (at 100% of normal capacity)
Actual production
Materials:
Standard price per pound
Standard pounds per completed unit
Actual pounds purchased and used in production
Actual price paid for materials
Labor:
Standard hourly labor rate
Standard hours allowed per completed unit
Actual labor hours worked
Actual total labor costs
Overhead:
Actual and budgeted fixed overhead
Standard variable overhead rate
Actual variable overhead costs
Overhead is applied on standard labor hours.
The fixed factory overhead volume variance is
a. $540 favorable
b. $65 unfavorable
c. $540 unfavorable
d. $65 favorable
1,000 units
980 units
$2.00
12
11,800
$23,000
$14.00 per hour
4.5
4,560
$62,928
$27,000
$3.50 per standard direct labor hour $15,500
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