The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of...

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The standard costs and actual costs for factory overhead for the manufacture of 2,700 units of actual production are as follo

business accounting

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Answer 1

Answer #1

Ans : Fixed factory overhead volume variance = Absorbed fixed overhead - Budgeted fixed overhead

= Actual output * standard rate per unit - Budgeted hours * budgeted rate per hour

= 2,700 units * 3 hours per unit * $ 0.72 per hour - 10,000 hours * $ 0.72 per hour

= $ 5,832 - $ 7,200

= -$ 1,368

= $ 1,368 unfavorable.

Option (a) .

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Answer 2

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