The following information is available for Baxter Manufacturing for April: Actual machine hours 860 Standard machine...
The following information is available for Baxter Manufacturing for April:
| Actual machine hours | 860 | ||
| Standard machine hours allowed | 940 | ||
| Denominator activity (machine hours) | 1,015 | ||
| Actual fixed overhead costs | $ | 4,200 | |
| Budgeted fixed overhead costs | $ | 5,075 | |
| Predetermined overhead rate ($1 variable + $5 fixed) | $ | 6 | |
What is the production volume variance for April?
Multiple Choice
-
$215.
-
$375.
-
$400.
-
$480.
Homework Answers
Production Volume variance =
(budgeted hours - Actual hours worked) * budgeted overhead rate per hour
= (940 hours - 860 hours) * $6 per unit
= $480
Option 'D' is correct
Add Answer to:
The following information is available for Baxter Manufacturing
for April:
Actual machine hours
860
Standard machine...
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