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  3. the normal capacity of noel company is 4,000 units

The normal capacity of Noel Company is 4,000 units per month. At this volume, budgeted...

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Accounting

The normal capacity of Noel Company is 4,000 units per month. At this volume, budgeted fixed and variable factory overhead are $16,000 and $20,000, respectively. In May, actual production was 4,200 units and actual overhead incurred was $37,900. What is the variance between budgeted factory overhead per the flexible budget and actual overhead incurred?

a. $1,000 U
b. $900 U
c. $100 U
d. $1,900 U

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