90.2K

Verified Solution

Question

Accounting

image
The standard cost card for Sail Company's only product shows the following information. The company manufactured and sold 14,500 units of product during the year. Overhead cost is applied to products on the basis of direct labour hours. The budgeted fixed overhead costs as shown on the flexible budget were $157,500, while actual fixed overhead costs were $150,000. Based on the above information, the fixed overhead volume variance is $27,000 unfavourable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students