The standard costs and actual costs for factory overhead for the manufacture of 3,000 units...

90.2K

Verified Solution

Question

Accounting

The standard costs and actual costs for factory overhead for the manufacture of 3,000 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours per unit @ $0.76 per hour Variable overhead 3 hours per unit @ $1.94 per hour Actual Costs Total variable cost, $17,800 Total fixed cost, $8,100

The amount of the fixed factory overhead volume variance is a. $760 unfavorable b. $0 c. $608 unfavorable d. $608 favorable

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