Neptune Incorporated uses a standard cost system and has the following information for the most...
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Accounting
Neptune Incorporated uses a standard cost system and has the following information for the most recent month, April:
Actual direct labor hours (DLHs) worked
25,000
Standard DLHs allowed for good output produced this period
26,000
Actual total factory overhead costs incurred
$ 65,500
Budgeted fixed factory overhead costs
$ 11,400
Denominator activity level, in direct labor hours (DLHs)
20,000
Total factory overhead application rate per standard DLH
$ 2.70
The fixed overhead production volume variance in April for Neptune, Incorporated was: (Round your intermediate calculation to 2 decimal places.) PLEASE SHOW ALL WORK AND STEPS. THANK YOU
Multiple Choice
$2,300 favorable.
$2,200 unfavorable.
$3,420 favorable.
$3,240 favorable.
$4,460 favorable.
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