Use the following information for the Quick Study below. [The following information applies...
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Accounting
Use the following information for the Quick Study below.
[The following information applies to the questions displayed below.] AirPro Corp. reports the following for November.
Actual total factory overhead incurred
$
28,775
Standard factory overhead:
Variable overhead
$
2.10
per unit produced
Fixed overhead
($12,700/12,700 predicted units to be produced)
$
1.00
per unit
Predicted units to produce
12,700
units
Actual units produced
10,100
units
QS 08-14 Controllable overhead variance LO P4
Compute the total overhead variance and controllable overhead variance for November and classify each as favorable, unfavorable or no variance. (Round "Variable amount per unit" to 2 decimal places.)
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