Homework Answers
| c $39,000 Unfavourable |
| Fixed overhead volume variance is the difference between the amount of overhead actually applied to produced goods based on production volume, and the amount that was budgeted to be applied to produced goods |
| Overhead Applied = 80,000/8000*4100 = $41,000 |
| Budgeted Overhead = 80,000 |
| Volume Variance = Applied Overhead - Budgeted Overhead |
| Volume Variance = 41,000 - 80,000 = 39,000 U |
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