80.2K
Verified Solution
Link Copied!
The standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows:
Standard Costs |
Fixed overhead (based on 10,000 hours) | 3 hours per unit @ $0.77 per hour |
Variable overhead | 3 hours per unit @ $1.95 per hour |
Actual Costs |
Total variable cost, $17,800 | |
Total fixed cost, $8,000 | |
The amount of the fixed factory overhead volume variance is
Answer & Explanation
Solved by verified expert