Neptune Inc. uses a standard cost system and has the following information for the most...
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Accounting
Neptune Inc. uses a standard cost system and has the following information for the most recent month, April:
Actual direct labor hours (DLHs) worked
13,000
Standard DLHs allowed for good output produced this period
19,000
Actual total factory overhead costs incurred
$
38,000
Budgeted fixed factory overhead costs
$
10,600
Denominator activity level, in direct labor hours (DLHs)
15,000
Total factory overhead application rate per standard DLH
$
2.70
The total factory overhead flexible-budget variance in April for Neptune, Inc., to the nearest whole dollar, was: (Round your intermediate calculation to 2 decimal places.)
Multiple Choice
$11,350 favorable.
$10,410 favorable.
$10,310 unfavorable.
$11,530 favorable.
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