The standard factory overhead rate is $10 per direct labor hour ($8 for variable factory overhead and $2 for fixed factory overhead) based on 100% of normal capacity of 30,000 direct labor hours. The standard cost and the actual cost of factory overhead for the production of 5,000 units during May were as follows:
-The fixed factory overhead volume variance is
A) $12,500 favorable
B) $10,000 unfavorable
C) $12,500 unfavorable
D) $10,000 favorable
Correct Answer:
Verified
Q86: Q92: The direct labor time variance is the Q93: The direct materials quantity variance is the Q93: Q95: The direct materials price variance is the Q97: The following data relate to direct labor Q98: The following data relate to direct materials Q99: The following data relate to direct materials Q119: Use this information to answer the questions Q124: The variable factory overhead controllable variance is![]()
![]()
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents